Ruby Tuesday

Ultra-High-Growth Market: Festus, Missouri benefits from a lower cost of living and close proximity to major employers and economic drivers, which has contributed to significant population growth in recent years. Strong population trends and expanding consumer demand continue to attract new retailers and industries to this growing retail corridor.
Highly Desirable Retail Corridor: The property is strategically positioned as an outparcel to Lowe’s Home Improvement, benefiting from strong co-tenancy and consumer traffic. Located along a major thoroughfare with ±84,000 vehicles per day (VPD), the site captures consistent traffic from surrounding national retailers and nearby commercial developments.
Oversized Parcel & Redevelopment Potential: The property features an existing ±4,255 SF building situated on a ±1.47-acre parcel, offering flexibility for future redevelopment or tenant backfill. The land residual value as a Lowe’s outparcel provides stronger underlying value compared to traditional retail pad sites.
Absolute NNN Lease Structure: The lease is structured as Absolute NNN, providing zero landlord responsibilities and a passive investment opportunity.
Long-Term Lease Stability: The tenant currently has ±11.8 years remaining in the initial lease term, offering investors long-term income security.
Built-In Rental Growth: The lease includes 10% rental increases every five years throughout the initial lease term and during each of the four renewal option periods, providing consistent income growth and increased long-term returns.

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Kyle Matthews