Former Freddy's Frozen Custard & Steakburgers — Sale in St. Peters, MO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: St. Peters, MO 63376

Photos

Former Freddy's Frozen Custard & Steakburgers — Sale in St. Peters, MO, photo 1 of 2
Former Freddy's Frozen Custard & Steakburgers — Sale in St. Peters, MO, photo 2 of 2

Investment Figures

Cap rate
5.88%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The subject property is a former Freddy’s Frozen Custard & Steakburgers restaurant located in Saint Peters, an established bedroom community of St. Louis, Missouri. This property offers excellent frontage onto Jungermann Road, with a reported 23,874 daily car count close to the signalized intersection of McClay and Jungermann Road, a main retail corridor that connects to I-70 and 364 (aka Page Extension) Highway. Newly constructed in 1998, Freddy’s remodeled the +/-3,328 sq. ft. restaurant building in 2013 for their needs and operated it until February 2026. The building is equipped with a drive thru lane and is situated on +/-1.13 acres of land offering abundant on-site parking spaces of 57 (10 per 1,000 sq. ft.). There is a large kitchen area with three hoods, walk-in refrigerator, walk-in freezer. The dining room offers seating capacity of XXX people with both a men’s and women’s private restroom. Available power is 3 phase 800 amp. The property is currently zoned C-3 that allows for multiple commercial uses. St. Peters has a reported city population of 61,400 making it the tenth-largest city in Missouri. It is home to St. Charles Community College, University of Missouri Extension, Lindenwood University and Art Institute of St. Louis. A reported 93,032 residents within a 3-mile radius of the subject property with an Average Household Income of $118,232 within this same radius. The subject property offers the opportunity for a restaurant operator to own their own real estate or an “add value” investor who wants to release the property to another retailer. Investment Highlights: • Ideal owner/user opportunity • Existing dining room fixtures and kitchen equipment are included in the sale • Current zoning is C-3 that allows for multiple commercial uses

Market Context

This food service in St. Peters, MO is listed for sale. It is offered at an approximate 5.9% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in St. Peters, MO — view the full market.

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