Building Details

Year Built 1958

Buildings 1

Stories 1

Units 10

Tenancy Multi

Listing Agency: KW Commercial St. Louis SW

Listed By: Bob Ecker · License #2010007159 Show Phone

Source: Crexi

Added: Aug 18 Changed: Oct 1 Last Checked: Oct 16 at 6:30AM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This retail property at 13008 Manchester Road in Des Peres, Missouri, contains 7,200 square feet and was built in 1958. The configuration includes 5 units on the upper level and 5 additional units on the lower level in the rear, creating a multi-suite layout for retail occupancy.

The building has 111 feet of frontage along Manchester Road, with reported traffic exceeding 23,000 vehicles per day. C-1 zoning supports its established retail classification. The combination of multiple units, prominent road frontage, and a location within Des Peres defines the property’s commercial profile.

Key Highlights

• 7,200‑square‑foot retail building constructed in 1958
• 5 units on the upper level and 5 units on the lower level in the rear
• 111 feet of frontage along Manchester Road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$96,856

Cap Rate

8.81%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,937,120 $1.9M

Cap Rate 7%

$1,383,657 $1.4M

Cap Rate 9%

$1,076,178 $1.1M

Is this asking price fair?

Market Conditions

NOI Build-Up for 7,200 SF

Gross rent

$160.7K $22.32/SF

− Vacancy

−$22.3K −$3.10/SF

EGI

$138.4K $19.22/SF

− OpEx

−$41.5K −$5.77/SF

NOI

$96.9K $13.45/SF

Area

St. Louis County, MO

Vacancy

13.90%

Lease Rate

$22.32 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,937,120

Cap Rate 7%

$1,383,657

Cap Rate 9%

$1,076,178

Alternative Uses

Best Use

Retail

$1.38M

$1.21M – $1.61M (±1% cap)

NOI $96,856 @ 7.0% cap · market cap 8.81%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.55M

$1.35M – $1.80M (±1% cap)

NOI $108,167 @ 7.0% cap · market cap 9.83%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Grocery & Convenience Store Storage Facility Garden Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,226

Businesses Nearby

138k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 45% Groceries 31% Shops & Services 23% Electronics 1%

Trader Joe's Groceries

42,366 visits/mo 0.4 miles

Circle K Shops & Services

24,292 visits/mo 0.4 miles

Panera Bread Dining

18,152 visits/mo 0.3 miles

Shake Shack Dining

15,134 visits/mo 0.2 miles

Red Robin Gourmet Burgers Dining

13,828 visits/mo 0.2 miles

Demographics for 63122, MO

41,319

Population

17,763

Households

2.3

Avg Household Size

43

Median Age

70%

College-Educated

98%

High-School Grad

14.5 sq mi

ZIP Area

2,850

Density / Sq Mi

$132,783

Median Household Income

$73,050

Median Earnings

$1,329

Median Rent

$449,700

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Frequently Asked Questions

What type of property is this?

Retail space - The property carries C-1 zoning and includes retail space along Manchester Road.

Where is this retail space located?

The property is located at 13008 MANCHESTER RD Des Peres, MO.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: 7,200‑square‑foot retail building constructed in 1958; 5 units on the upper level and 5 units on the lower level in the rear; 111 feet of frontage along Manchester Road