6325 Ronald Reagan Drive

Lake Saint Louis, MO 63367

Listing ID: 215044
$1,164,000
For Sale
  • Property Type Retail : Food Service
  • Lot Size Acres 0.780
  • Building Sq Ft 1,603
  • Building Price per Sq Ft $726.14
  • Land Sq Ft 33,976
  • Land Price per Sq Ft $34.26
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Description

Mid-America Real Estate Corporation, in cooperation with Mid-America Real Estate Group – Missouri, LLC and Pace Properties, is pleased to present a freestanding, single tenant building on a triple net ground lease with Sonic, located at 6325 Ronald Reagan Drive in Lake St. Louis, Missouri. The property is positioned within the Shoppes of Hawk Ridge, a large retail development anchored by Lowe’s and Walmart. Lake St. Louis is a fast growing bedroom community in the St. Charles County suburbs of St. Louis, where there are 109,741 residents in a five-mile radius that have an average household income of $115,613. The subject offering is comprised of a 1,526 square foot retail building situated on a 0.78-acre parcel. Sonic has been a tenant at this site since its development in 2007, and extended their lease in 2017 for an additional 5 years of term, demonstrating a strong commitment to the site. Sonic’s long-term history, desirable retail location, and strong demographics, makes it a desirable net lease opportunity.

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population4,87350,071107,170
Population Median Age363837
Population by Age0-9 Yrs794 (16%)7085 (14%)14481 (13%)
10-19 Yrs802 (16%)7425 (14%)16388 (15%)
20-29 Yrs436 (8%)5147 (10%)11402 (10%)
30-39 Yrs701 (14%)6769 (13%)14598 (13%)
40-49 Yrs731 (15%)7445 (14%)15823 (14%)
50-59 Yrs480 (9%)6102 (12%)14111 (13%)
60-69 Yrs467 (9%)5060 (10%)10355 (9%)
70+ Yrs461 (9%)5039 (10%)10012 (9%)
Median HH Income$104,565$96,699$92,681
Total Household Income< 24K118 (6%)1288 (7%)3260 (8%)
25-49K214 (12%)2400 (13%)5278 (13%)
50-74K280 (16%)3150 (17%)6599 (17%)
75-99K192 (11%)2472 (13%)5521 (14%)
100-199K648 (38%)6511 (36%)13152 (34%)
200K+244 (14%)2147 (11%)4274 (11%)
Highest Education LevelNo Diploma9713333194
Diploma or GED542695616457
Some College593668715466
Assoc. Degree27233506571
Bachelors Degree1015960418933
Higher Degree577529410163
Total Housing Units1,74518,70039,740
--Owner-Occupied1,53014,94331,507
--Renter-Occupied1663,0266,576
Owner-Occupied Values< 100K1007101804
100-199K27336738106
200-299K512543412099
300-399K35027935624
400-499K15312082133
500K+14111251742
Total Working Age Population3,51138,24682,208
In Work Force2,43226,54257,697
Not In Work Force1,07811,70424,512
Workforce Employed2,35825,78055,936
Workforce Unemployed677211,669
Civlian Workforce2,42426,50157,604
Military Workforce84192
Total Households1,69717,96938,083
Family Households1,30113,77529,216
Non-Family Households3954,1948,867
Married Couple1,12511,66924,160
Other Family1772,1065,056
Married w/Child5735,39511,086
Single Male w/Child40387812
Single Female w/Child716962,047

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Missouri5,595,211+75,988,927+76,389,850+66,746,762
Franklin County93,807+8101,492+9110,704+6117,122
St. Charles County283,883+27360,485+22439,068+14499,126
St. Louis County1,016,315-2998,954-3967,196-1956,817

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Listing Agent
Wes Koontz Agent Photo

Wes Koontz

Mid-America Real Estate Corpor
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