QSR Development Opportunity Wal-Mart

Description

QSR Development Opportunity Wal-Mart is next to Panda Express, which has 83 feet of frontage on U.S. Rt 61-67-S. The site includes a 30-foot Ingress-Egress Easement with Panda Express and has no deed restrictions on possible use. This commercial lot spans 36,432 SF (0.75 Acres) with 83 feet of frontage on S. Truman Blvd, situated in a high-traffic corridor with 14,117 VPD on Truman Blvd. National retailers in the area include Panda Express, Arby's, Mobile on the Run, and Murphy USA, with Sonic, McDonalds, and Walgreens across the street. Culver's, Krabby Daddys, and Pizza Hut are situated north of this location. Currently, a 1,656 SF single-story dental office is on the parcel.

Area Information

Festus, MO 63028, a unique commercial trade area—a shining gem with a robust economy and an attractive investment landscape that sets it apart from other locations!
23.9% of all Festus households, with a median age of 37.2, are home to professionals engaged in management, business, and financial roles. These individuals have fostered a strong community spirit, which is evident in their high homeownership rate of 76.1%. They primarily reside in single-family homes, emphasizing family-oriented activities and spending priorities, creating a sense of belonging that is unique to Festus.
From a financial standpoint, Festus stands as a beacon of stability. The residents boast an average household income of $92,482 and an average disposable income of $71,263. This robust financial standing, coupled with a low unemployment rate of 2.9%, instills a strong sense of confidence in the local economy, making it an attractive investment opportunity.
With a total population of 29,356 - a 3.52% increase from the previous census-Festus is a community on the rise. The median age of 41.2 years and a population density of 218.6 people per square mile signify a vibrant and growing market for your business venture, inspiring you to be part of this dynamic community.
The housing market is also booming here in Festus, with a large percentage of homeowners (73.2%). The median estimated home value is $269,200, which has increased by 14.6% over the past year, clearly indicating that Festus is a highly desirable place to live.
To sum up, Festus offers a thriving economy, a growing population, and a strong housing market—an ideal setting for investors and businesses looking for promising opportunities. Invest in Festus, MO 63028, today and become part of our dynamic community!

Offering

QSR Development Opportunity Wal-Mart is Priced to Sell: $849,900- $23.33 per square foot. This is an ideal location for a wide variety of QSR Retailers wanting to enter the Festus market. No other high-visibility parcels are available, making this site in much demand.

When searching for commercial retail space for rent, call the Home-town Team at Cardinal Realty Group. The Cardinal can-do attitude gets results as a Realtor and CCIM for Tenants, Owners, Buyers, and Sellers of Commercial Real Estate St Louis since 2004. Our motto is unseen, is untold is unsold! Call Today to tour this property or to discuss your needs for Commercial Real Estate St Louis further.

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