Highlights
• Frontage 114’ on First Capitol Dr
Description
Current Real Estate Advisors is pleased to present the opportunity to acquire the TGI Friday’s SLB Portfolio (the “Properties”), a select pair of freestanding retail buildings located in St. Charles (St. Louis MSA) & Columbia, Missouri. The Properties are available for acquisition together as a portfolio or individually. These Sale-Leaseback offerings include brand new Absolute NNN leases (no Landlord responsibilities) that will be signed at the Close of Escrow. Further, they will benefit from brand-new 10-Year terms with attractive 2% annual bumps. Additionally, the leases will also include 2, 5-year Options – demonstrating this proven operator’s commitment to the locations.
Listing Details
- Cap Rate
7.5%
- Tenancy
Single
- Space Type
Retail
- Sub Category
Restaurant
- Sale Type
Investment Sale
- Date Listed
5/9/2025
- Net Operating Income
$210,000
- Building FAR
0.09
Property Specifics
- Property Name
T.G.I. Friday's | 2000 S 1st Capitol Dr
- Property Class
B
- No of Buildings
1
- No of Stories
1
- Year Built
1998
- Building Size
7,158 SF
- Lot Size
1.83 Ac
- APN
6-009C-3138-00-0028.1000000
Property Amenities
Location Amenities
Airport
Commuter Rail
Location Amenities