Multi-Tenant Retail
15394-15394 Manchester Road Ellisville, MO 63021
For Sale
Contact for pricing
Retail center offering 33,906 sq ft on 2.92 acres with multiple tenants, plus visibility and reported high traffic.
Property Size33,906 SF
Lot Size2.92 Acres
Price / SF$153.37
Days on Market21
Property Features for 15394-15394 Manchester Road
General Information
Standard status
Active
Size
33,906 SF
Lot size
2.92 Acres
Property subtype
RETAIL
Listing Agency:
Berkshire Hathaway HomeServices Select Properties
(314) 494-8874
Listed By:
Jim VonDerHaar · License #RASI
(314) 494-8874
Source:
Moodyscre
Added: Jul 10
Changed: Jul 28
Last Checked: Jul 29 at 2:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Select Properties
Investment Insights
Based on property information with market context.
This retail center is offered for sale and includes 33,906 square feet of space on 2.92 acres, currently operating with multiple tenants. The offering is positioned as a visibility-driven retail asset based on the property’s stated high-traffic visibility.
The center’s marketing emphasizes strong customer exposure, supported by the provided remarks indicating both visibility and high traffic. This combination can support a range of retail uses that benefit from walk-in and drive-by demand.
For buyers or brokers evaluating redevelopment, re-tenanting, or portfolio acquisition strategies, the key takeaway is the multi-tenant retail configuration and the overall building and site scale provided with this listing.
The center’s marketing emphasizes strong customer exposure, supported by the provided remarks indicating both visibility and high traffic. This combination can support a range of retail uses that benefit from walk-in and drive-by demand.
For buyers or brokers evaluating redevelopment, re-tenanting, or portfolio acquisition strategies, the key takeaway is the multi-tenant retail configuration and the overall building and site scale provided with this listing.
Key Highlights
- Retail center offering 33,906 sq ft
- Situated on 2.92 acres
- Multiple tenants in the retail center
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $756.8k | $22.32 |
| − Vacancy | −$105.2k | −$3.10 |
| EGI | $651.6k | $19.22 |
| − OpEx | −$195.5k | −$5.77 |
| NOI | $456.1k | $13.45 |
33,906 SF · lease $22.32/SF/yr · vacancy 13.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$6.52M
$5.70M – $7.60M
NOI $456,112 @ 7.0% cap · market cap 8.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.28M
$6.37M – $8.49M
NOI $509,378 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Gordon Plaza Shopping Center — 15543 Manchester Rd, Ballwin, MO 63011
- Dickens Plaza — 15264 Manchester Rd, Ballwin, MO 63011
- Ellisville Pointe — 15630 Manchester Rd, Ellisville, MO 63011
- Ellisville Plaza — 15412 Manchester Rd, Ellisville, MO 63011
- Ellisville Shopping Center — Manchester @ Ballwin Plaza EB, Ellisville, MO 63011
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center offering 33,906 sq ft on 2.92 acres with multiple tenants, plus visibility and reported high traffic.
Where is this shopping center located?
The property is located at 15394-15394 Manchester Road Ellisville, MO.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Retail center offering 33,906 sq ft; Situated on 2.92 acres; Multiple tenants in the retail center
