500-518 GREENWAY MANOR DRIVE Florissant MO 63033

Marcus & Millichap is pleased to present Greenway Manor, a 8,787 square-foot mixed-use complex located in Florissant, Missouri. Built in 2007, this asset is situated on 1.0 acre and is located in northern-St. Louis’ residential corridor. Greenway Manor is currently 100% occupied by a mixture of complimentary tenants, which includes Daycare and Healthcare Services. North County Children’s Academy is the sites largest tenant, with 4,617 square feet, which amounts to 53% of GLA. North County Children’s Academy is also the newest tenant and is currently undergoing their extensive Class-A buildout. Alongside the Children’s Academy is the sites second largest tenant, S&R Adult Daycare, who occupies 2,970 square feet. S&R Adult Daycare specializes in providing social interaction and medical care to its clients, while relieving their caregiver or his or her duties for the day. S&R joined the site in 2019 and signed an initial 38-month term which runs until July 2022. The final tenant is Majestic Home Healthcare, who is an accredited Home Health Care provider that provides in-home care to the dense demographic surrounding it. Majority of tenants are encumbered by triple net leases which cover TAX, CAM and Insurance. These NNN reimbursement leave minimal landlord expenses, and the small tenant base allows for ease of management. Investors may take advantage of this opportunity to enhance their real estate portfolio’s by adding a quality, diversified center in one of the nation’s top MSA’s.

Greenway Manor is located between Greenway Chase Drive and Greenway Manor Drive, and just off Patterson Road, one of the area’s main throughways. With irreplaceable real estate, this asset sees over 39,000 vehicles per day and, this is situated in Florissant dense residential district. Demographics are stable and mature with 14,381 residents within 1-Mile, 72,736 within 3-Miles, and 138,122 within 5-Miles. Average Household Income is well above the national average at $81,811 within 1-mile and $78,622 within 3-miles. Major points of attraction nearby include Hazelwood Central High School, Brown Elementary School, Coldwater Elementary School, Vantage Credit Union. Greenway Manor is also located less than 2 miles north from the US-67 Corridor, one of St. Louis’ most robust retail corridors with over 4-million square feet of shop space. Prominent retailers in the area include Target, Home Depot, Walmart, Marshalls, Petco, Schnucks, Family Dollar, Walgreens, CVS, Dierbergs, Aldi, Chick-fil-A, Chipotle, and Starbucks.

Greenway Manor is located in St. Louis, the 21st largest Metro in the United States, and the second largest city in the state of Missouri. The St. Louis MSA is home to over 2.8 million people and is within 500 miles of one-third of the U.S. population. Greater St. Louis is home to the headquarters of ten of Missouri’s eleven Fortune 500 companies, six Fortune 1,000 companies, and two of the top 30 Largest Private Companies in America, as ranked by Forbes.

• 8,787 Square Foot Medical/Service Complex in St. Louis, MO (Population Over 2.8m)
• Complimentary Tenant Mix – Child Daycare, Adult Daycare & Medical Services
• Built in 2007 and Renovated for Tenant Buildouts – Two Buildings Across 1 Acre
• Majority of GLA Reimburses for NNN Expenses
• Cheap Rents with Extensive Buildouts; Average Rent/SF = $12.35/SF
• Irreplaceable Real Estate Between Greenway Chase Drive, Greenway Manor Drive and Patterson Road; High Visibility Seeing Over 39,000 Vehicles Per Day
• Serving a Population of 14,381 within 1-Mile, 72,736 within 3-Miles, and 138,122 within 5-Miles
• Above Average Household Income - $81,811 within 1-Mile and $78,622 within 3-Miles
• 2-Miles North of US-67 Retail Corridor Which Includes Target, Home Depot, Walmart, Marshalls, Petco, Schnucks, Family Dollar, Walgreens, CVS, Dierbergs, Aldi, Chick-fil-A, Chipotle, and Starbucks
• Major Points of Attraction Nearby Include Hazelwood Central High School, Brown Elementary School, Coldwater Elementary School, Vantage Credit Union
• Florissant is Part of the St. Louis MSA, the 21st Largest MSA and Home to Over 2.8 Million People