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Property profile & analytics

15069 Manchester Rd Ballwin, MO 63011

  • Strip malls
  • 4,200 SF
  • 0.70 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • A Little Hi - by Hi-Pointe Drive-In / Hamburger Restaurant
  • Covenant / Health Insurance Agency

Property Details for 15069 Manchester Rd

Year built
1969
Lot size
0.70 lot acres
Property size
4,200 SF
Property type
Strip malls
Property subtype
Retail properties

Description

This exceptional retail investment opportunity presents a fully leased, two-tenant building totaling 4,200 square feet situated on a 0.7-acre lot in Ballwin, Missouri. The property, located at 15069 Manchester Road, benefits from a prime location on a major East-West artery with high visibility and traffic counts, shadow-anchored by a Super Target. The property features a strong tenant mix including Hi-Pointe Drive-In and Vapor 100, both with significant market presence. Hi-Pointe Drive-In operates under a brand new 15-year NNN lease with a corporate guarantee, including 10% rent increases every five years. Vapor 100, a prominent vape retailer, holds a lease expiring in March 2026, with a renewal option. The property boasts a 7.08% cap rate and a $1,471,428 asking price, with a Net Operating Income (NOI) of $104,225. Built in 1969 and renovated in 2023, the property offers significant long-term stability and growth potential due to the strength of its tenants, lease terms, and strategic location within a thriving retail corridor. The tenants have invested over $850,000 in recent improvements, demonstrating their commitment to the site. The surrounding area features a strong demographic profile, with a high average household income and proximity to excellent schools and universities. This is a rare opportunity to acquire a stabilized, Class A retail investment with minimal landlord responsibilities and substantial upside potential. The property is 100% occupied with a multi-tenant structure.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Ballwin
County
St. Louis
State
Missouri
Longitude
-90.5495
Latitude
38.5933
More about this property
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