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Ellisville Shopping Center 15434-15444 Manchester Rd 38,080 SF 100% Leased Retail Building Ellisville, MO 63011 $6,875,156 CAD ($180.55 CAD/SF) 7.35% Cap Rate
Investment Highlights
- Highly Occupied Neighborhood Retail Center with Diversified Tenant Mix
- Recently Renovated Property with Long-Term Roof Warranties in Place
- Shopping Center Net Leases with Staggered Expiration Dates
- Low Vacancy Rates & Strong Retail Demand with Leasing Upside
- Well-Positioned Location with a High Concentration of Auto Dealerships
- Regional Retail Hub Across from Grocery Anchored Shopping Center
Executive Summary
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.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
38,080 SF
Building Class
C
Year Built/Renovated
2017/2022
Price
$6,875,156 CAD
Price Per SF
$180.55 CAD
Cap Rate
7.35%
NOI
$505,324 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
3.38 AC
Zoning
C
Parking
110 Spaces (2.89 Spaces per 1,000 SF Leased)
Frontage
246’ on Manchester Rd
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 23S-44-0483 | Improvements Assessment | $391,484 CAD |
| Land Assessment | $1,673,992 CAD | Total Assessment | $2,065,476 CAD |
Property Taxes
Parcel Number
23S-44-0483
Land Assessment
$1,673,992 CAD
Improvements Assessment
$391,484 CAD
Total Assessment
$2,065,476 CAD
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Ellisville Shopping Center | 15434-15444 Manchester Rd
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