REIT Sale | Former Popeyes | Schnucks Grocer Adjacent | 14K VPD | St. Louis MSA

$1 Starting Bid

Auctioneer: Richard Shawn Terrel

Auctioneer Company: c/o Fisher Auction Company Inc.

Auctioneer License: 2012000450

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**Tours will not be allowed after auction.

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 20 Airport Road in Ferguson, Missouri is a vacant ±1,992-square-foot freestanding former Popeyes positioned for lease-up, owner-user occupancy, or restaurant repositioning. Built in 1984 on ±0.39 acres, the Property features an existing drive-thru, pylon sign, approximately 16 parking spaces, and ±145 feet of frontage along Airport Road, which carries ±14,537 VPD. Positioned near the signalized N Florissant Road intersection, the site benefits from additional nearby traffic and is shadow-anchored by Ferguson Square Shopping Center, with Schnucks, CVS Pharmacy, Dollar Tree, and ArchWell Health generating recurring consumer activity. Walgreens, U.S. Bank, Aldi, and Subway are also positioned across the corridor. Zoned DT4 (Downtown Commercial District-4), the Property offers potential for continued restaurant use or a variety of alternative commercial applications, subject to municipal approvals. The Property is approximately two miles from I-170 and I-70, five miles from St. Louis Lambert International Airport, and 15 minutes from St. Louis. Within five miles, the surrounding trade area includes approximately 242,519 residents with average household income of ±$70,435. The existing QSR configuration and drive-thru provide a functional foundation for restaurant reuse or alternative commercial repositioning.

Freestanding QSR with Built-In Upside

±1,992 SF former Popeyes on ±0.39 acres includes drive-thru, pylon sign, and ±16 parking spaces.

Airport Road Exposure with 14K+ VPD

±145 feet of frontage delivers strong visibility along an established commercial corridor.

Shadow-Anchored by Daily-Needs Retail

Schnucks, CVS, Dollar Tree, and ArchWell Health generate recurring cross-shopping activity nearby.

Regional Access Near I-70 and I-170

Major interstates sit ±2 miles away, connecting the site throughout the broader metro area.

Dense Five-Mile Consumer Trade Area

Approximately 242,519 residents with average household income of ±$70,435 support local demand.

Absolute $1 Auction

First Bid Meets Reserve!