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Starbucks
5266 Lindbergh Boulevard, Sappington, MO 63126, USA
Sands Investment Group is Pleased to Present For Sale the Starbucks NN Property Located in Sappington, Missouri. The Property is Backed By a Long-Term and Rare 11-Year Corporate NN Lease With Starbucks Corporation, Offering Investors Passive Income From a Premier Global Brand With Over 40,000 Locations Worldwide.
Situated Within a Recently Redeveloped Shopping Center, Ronnie’s Plaza Has Seen a Dramatic Transformation Under New Ownership, With Updated Facades, Signage, and Tenant Mix That Elevated Occupancy From 60% to 98% in Less Than a Year. Tenants Benefit From Consistent Foot Traffic Generated By the Adjacent 20-Screen Theater and Dense Surrounding Retail. Positioned Along S. Lindbergh Blvd, a Main Retail Artery in South County, The Center Draws Over 2 Million Visitors Annually and Features Ample Parking With Over 900 Spaces.
Originally Opened in 1948 As Ronnie’s Drive-In, The Site Has Long Served as a Community Staple For Entertainment and Gathering. Today, Ronnie’s Plaza Continues That Legacy Through Strategic Reinvestment, the High-Performing Ronnie’s Cinema Marcus IMAX Theater, and a Diverse Tenant Mix. This Starbucks Offering Presents an Ideal Opportunity For Investors Seeking Long-Term Income Stability in One of St. Louis’ Most Recognizable And High-Traffic Retail Corridors.
- Rare 11-Year NN Lease With Starbucks Corporation (BBB+) Featuring 7.5% Rent Increases Every 5 Years — Corporate Guarantee From One of the World’s Most Recognized Brands, With Four 5-Year Renewal Options for Long-Term Income Stability
- Premier Visibility Along S. Lindbergh Blvd With 19,576 Vehicles Per Day — a Trophy Drive-Thru Location at One of South St. Louis County’s Busiest Retail Corridors
- Pad Site to Ronnie’s Plaza, Which Drew Over 191,000 Visits and 144,000 Visitors Monthly, Demonstrating Its Strength as a Community Retail Hub With a Diverse Tenant Base and Entertainment Anchors (Placer.Ai)
- Strategically Located Within Walking Distance of Ronnie’s Cinema (Marcus IMAX)—a Beloved, High-Traffic Landmark Since 1948—Providing Consistent Foot Traffic and Deep Community Roots That Enhance Long- Term Tenant Stability; Which Attracted Over 85,000 Visits and 71,000 Visitors Monthly — More Than Double the Visits of the Nearest Competing Cinema in Des Peres, Missouri (Placer.Ai)
- Trade Area Boasts a Stable Population of Over 136,000 With a Projected Median Household Income Surpassing $100,000 By 2028, Supported by Strong Employment in Healthcare, Education, Professional Services, and Retail—Underscoring the Area’s Resilience and Long-Term Investment Appeal
In Cooperation With Sands Investment Group Missouri, LLC – Lic. #2019044754 BoR: Tom Gorman – Lic. MO #2023012377
Starbucks
5266 Lindbergh Boulevard, Sappington, MO 63126, USA
STARBUCKS
Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality Arabica coffee. Today, with nearly 40,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. In everything we do, we are always dedicated to Our Mission: With every cup, with every conversation, with every community, we nurture the limitless possibilities of human connection.
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Price
$3,316,667
Cap Rate
6.00%
PREMISES
2,600 SF
RENEWAL OPTIONS
4 × 5 Year Options
Lease Expiration
05/15/2036
Lease Type
NN
RENTAL INCREASES
7.5% Every 5 Years. 10% Every 5 Year Renewal.
BROKERS
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Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
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This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
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