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16962 Manchester Rd 7,000 SF 68% Leased Office Building Grover, MO 63040 $1,170,491 CAD ($167.21 CAD/SF) 6.39% Cap Rate
Investment Highlights
- Window-lined offices and open areas provide abundant natural light and scenic views.
- Historic building with modern upgrades, including new ADA-compliant restrooms and flooring options.
- Prominent signage opportunity along Manchester Road for enhanced visibility.
Executive Summary
Surrounded by a walkable, community-oriented environment with nearby amenities including restaurants, entertainment, and daily services, this property offers more than just space—it offers a presence. With full-service lease terms, strong demographics, and a unique historic identity, 16962 Manchester Rd presents a rare opportunity for businesses looking to establish or expand in one of West County’s most sought-after markets.
Historic building.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$129,595
|
$18.51
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$10,340
|
$1.48
|
| Effective Gross Income |
$119,255
|
$17.04
|
| Taxes |
$23,162
|
$3.31
|
| Operating Expenses |
$21,507
|
$3.07
|
| Total Expenses |
$44,669
|
$6.38
|
| Net Operating Income |
$74,586
|
$10.66
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $129,595 |
| Annual Per SF | $18.51 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $10,340 |
| Annual Per SF | $1.48 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $119,255 |
| Annual Per SF | $17.04 |
| Taxes (CAD) | |
|---|---|
| Annual | $23,162 |
| Annual Per SF | $3.31 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $21,507 |
| Annual Per SF | $3.07 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $44,669 |
| Annual Per SF | $6.38 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $74,586 |
| Annual Per SF | $10.66 |
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- 2,200 SF
- $30.09 CAD
- Full Service
- -
NovaCare Rehabilitation fait partie de la division ambulatoire de Select Medical, un fournisseur de renommée nationale et ancré dans la communauté, spécialisé en physiothérapie et réadaptation ambulatoire. NovaCare s'engage à offrir une expérience de soins exceptionnelle qui favorise la guérison et le rétablissement dans un environnement empreint de compassion. Chez NovaCare Rehabilitation, ils sont dévoués à améliorer la fonction et la qualité de vie de leurs patients. Ils ont confiance en la qualité des soins qu'ils prodiguent, et leurs patients le confirment régulièrement à travers leurs scores de promoteurs nets, leurs avis en ligne et de nombreuses histoires de succès positives et inspirantes. Ils évaluent la satisfaction de leurs patients par rapport aux soins reçus, ainsi que les connaissances, le professionnalisme et la courtoisie de leurs thérapeutes, parmi de nombreux autres facteurs clés. De plus, ils reçoivent des commentaires similaires de leurs patients concernant le personnel de la réception, car ils estiment que ce dernier joue également un rôle essentiel dans l'expérience des patients.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 2,200 SF | $30.09 CAD | Full Service | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
-5 offices fully surrounded with windows in each office and lovely views of Wildwood. -Open area is lined with windows and a full modern kitchenette.-kitchenette. -Signage opportunity along Manchester Rd. on the building.-building. -2 newly constructed ADA bathrooms. -Solid 6 inch concrete floors throughout. (Landlord will provide new top flooring) -Located in historic area and was the 1st city town hall of Wildwood. -Walkable area and around this lovely building is the US Post Office, Good News Entertainment, The Porch Restaurant.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Floor | 2,230 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 2,230 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size | 2,230 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
-5 offices fully surrounded with windows in each office and lovely views of Wildwood. -Open area is lined with windows and a full modern kitchenette.-kitchenette. -Signage opportunity along Manchester Rd. on the building.-building. -2 newly constructed ADA bathrooms. -Solid 6 inch concrete floors throughout. (Landlord will provide new top flooring) -Located in historic area and was the 1st city town hall of Wildwood. -Walkable area and around this lovely building is the US Post Office, Good News Entertainment, The Porch Restaurant.
Property Taxes
| Parcel Number | 24V-51-0504 | Total Assessment | $256,026 CAD (2025) |
| Land Assessment | $65,989 CAD (2025) | Annual Taxes | $23,162 CAD ($3.31 CAD/SF) |
| Improvements Assessment | $190,037 CAD (2025) | Tax Year | 2026 |
Property Taxes
Presented by
MAP Real Estate Group LLC
16962 Manchester Rd
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