Log In/Sign Up
Your email has been sent.
15320 Manchester Rd
Ballwin, MO 63011
Retail Property For Sale
Investment Highlights
- STABLE INCOME STREAM WITH LONG-LEASE TENANTS
- SIGNIFICANT LAND VALUE WITH A GENEROUS BACK LOT
- OPPORTUNITY FOR VALUE ENHANCEMENT
- STRATEGIC TENANT MIX OF RETAIL AND OFFICE
- DYNAMIC TRADE AREA
- SIGNIFICANT CAPITAL EXPENDITURES
Executive Summary
CBRE, Inc. is pleased to exclusively offer for sale the fee simple interest in the retail strip center Ellisville Commons, located at 15320 Manchester Rd., Ellisville, Missouri (the “Offering”). This well-positioned asset offers a compelling investment opportunity in a highly desirable St. Louis suburb. Situated in Ellisville, MO, a part of the St. Louis, MO MSA (Top 23 MSA | Pop: 2.8 million), the property features a strong tenant base and significant upside potential.
Located on Manchester Rd., a major thoroughfare, the center benefits from high visibility and accessibility. The Offering presents an incoming investor with a stable income stream, diverse tenant mix, and the potential for value-add improvements.
Ellisville Commons is being offered “free and clear” of any debt with an asking price of $2,750,000. Ownership anticipates that investors take into consideration the offering’s upside potential, tenured tenancy, and the property’s position within the West St. Louis County market when evaluating the opportunity.
Located on Manchester Rd., a major thoroughfare, the center benefits from high visibility and accessibility. The Offering presents an incoming investor with a stable income stream, diverse tenant mix, and the potential for value-add improvements.
Ellisville Commons is being offered “free and clear” of any debt with an asking price of $2,750,000. Ownership anticipates that investors take into consideration the offering’s upside potential, tenured tenancy, and the property’s position within the West St. Louis County market when evaluating the opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
17,160 SF
Building Class
B
Year Built
1980
Price
$3,626,260 CAD
Price Per SF
$211.32 CAD
Cap Rate
7.54%
NOI
$273,275 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.24
Lot Size
1.61 AC
Zoning
C - Commercial
Parking
150 Spaces (8.74 Spaces per 1,000 SF Leased)
Frontage
240’ on Manchester Rd
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 23S-53-0232 | Improvements Assessment | $48,469 CAD |
| Land Assessment | $716,741 CAD | Total Assessment | $765,209 CAD |
Property Taxes
Parcel Number
23S-53-0232
Land Assessment
$716,741 CAD
Improvements Assessment
$48,469 CAD
Total Assessment
$765,209 CAD
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
