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29954737
29954738

15434-15444 Manchester Rd, Ellisville, MO 63011

IH
IL IL 471019332
Northmarq - Chicago
BB
IL 475164807
Northmarq - Chicago
Listed by Northmarq - Chicago
$4,886,394
102 days on market
Updated 102 days ago

Ellisville Shopping Center

Details
APN 23S440515
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 38,080
Cap Rate 7.35%
NOI $359,150
Occupancy 93%
Tenancy Multi
Lease Type Net
Lease Options See OM for Details
Price per SqFt $128
Year Built 2017
Year Renovated 2022
Buildings 1
Acreage 3.380
Investment Type Net Lease

Retail | 7.35% CAP | 38,080 SqFt

Marketing description

Northmarq is pleased to present the opportunity to acquire a fee-simple interest in Ellisville Shopping Center, a well-located multi-tenant retail center situated at 15434 Manchester Road in Ellisville, Missouri. The Property consists of approximately 38,080 square feet of neighborhood retail space and is currently 93% leased to a diverse mix of service-oriented and necessity-based tenants, providing durable cash flow and long-term income stability. The center has benefited from recent renovations completed in 2022, enhancing overall tenant appeal and positioning the asset competitively within the submarket.

Investment highlights

  • 93% Occupied Multi-Tenant Retail Center

  • 88% of GLA Leased to Corporate Tenants

  • Strategically Positioned in the Heart of “Auto Dealer’s Row” on Manchester Rd

  • Market Dominant Music Dealer/Service Repair – Ernie Williamson Music

  • Outstanding Regional Retail Hub w/ Historically Low Vacancy Rates

  • Signalized Intersection with 46,000+ Vehicles/Day

Listing Contacts

IH
IL IL 471019332
Northmarq - Chicago
BB
IL 475164807
Northmarq - Chicago
Listed by Northmarq - Chicago

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$359,150.00
$29,929.17/mo

Valuation Metrics

0
DSCR
7.35%
Cap Rate
7.35%
ROI

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Additional Information

Name
Blaise Bennett
License
MO 2021004531
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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