15069 Manchester Rd, Ballwin, MO 63011

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.