13831 Manchester Rd Ballwin, MO 63011
- Retail properties
- 0.80 lot acres
Current Use by Public Records
- Iconic Male Grooming Spa / Barber Shop / Spa
- Crazy Bowls & Wraps - Curbside Pickup Available! / Health Food Restaurant / Fast Food Restaurant
Property Details for 13831 Manchester Rd
- Year built
- 2001
- Lot size
- 0.80 lot acres
- Property type
- Retail properties
- Property subtype
- Retail space
Description
Exceptional investment opportunity in Ballwin, Missouri, featuring a multi-tenant retail property at 13831 Manchester Rd, zip code 63011. This 4,261 square foot building sits on a 0.8-acre lot and boasts a 7.50% cap rate with a strong NOI of $173,537. The property includes a Crazy Bowls and Wraps QSR, operating under a 20-year double net (NN) lease commencing March 6, 2024, featuring annual rental increases. Additionally, an Iconic Male barber shop occupies space under a 5-year modified gross lease, starting September 1, 2023. The property benefits from excellent road frontage in a dense retail corridor. Built between 2001 and 2010, this 100% occupied property presents a compelling investment opportunity with a strategic lease structure, offering significant long-term income potential. The asking price is $2,313,823. This property is located in St. Louis County.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ballwin
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.482
- Latitude
- 38.597
