Matthews Logo

Navigation Menu

7325-7355 Manchester Rd, Maplewood, MO, 63143

OFFERING MEMORANDUM

Command Palette

Search for a command to run...

MAPLEWOOD SQUARE
MARKET TO DETERMINE

Photos

Highlights

INVESTMENT HIGHLIGHTS

Schnucks Anchored Neighborhood Center | Market Dominant Grocer in St Louis MSA | Schnucks Comprises 65% of Gross Income

  • Schnucks is the market dominant grocer in St Louis with a 38% market share across it s 79 locations in the MSA
  • Low Schnucks rent of $5. 25 PSF allows investors to acquire this opportunity at an attractive basis slightly above $100 PSF
  • Schnucks comprises 65% of Gross Income. 7 7% of Gross Income between Schnucks, AT&T, and Clarkson Eyecare
  • High performing Tenants as only 2 Tenants that report sales, St. Louis Kitchen & Fantasy shop are highly productive with sales of $711K ($339 PSF ) and $553K ($378 PSF ), and attractive rent to sales ratio of 5.5% , and 4.0% respectively

 

Immediate Opportunity to Increase Cash Flow | 1 Vacant Unit – 3,290 SF | Future Outparcel Play

  • Maplewood Square offers an investor the opportunity to immediately increase cash f low via lease – up of the lone remaining vacancy – a readily leasable 3, 290 SF in – line small shop unit
  • Developable pad site that fronts Manchester Rd (16,000 VPD), the main east-west artery running through town, that is shovel ready
  • Mark-to-market opportunity on the under market rents creates a 3.7% CAGR throughout the 10 year hold period

 

Densely Populated Affluent Infill Location | Highly Educated Consumer Base | Nearby Top Universities

  • 5 – Mile Population: 370,000 | AHHI: $113,000 | 5 – Mile Day time Population of 230,000
  • 3 – Mile Population: 130,000 | AHHI: $124,000
  • Nearly 70% College Degrees in 3 – mile | 60% Bachelors Degree or higher
  • Less than 3 miles from Washington University in St . Louis (#21 in U.S.; 16,500 students) and 6 miles from St. Louis University (# 105 in U.S.; 15, 300 students)

 

Ideally Situated in the Heart of a Thriving St Louis Submarket | High Barriers to Entry

  • Primely positioned in the hear t of Downtown Maplewood at hard corner signalized intersection
  • Excellent access and visibility from Manchester Rd (16,000 VPD) | 4 points of ingress/egress
  • High barriers to entry provide minimal shopping center retail competition in the immediate surrounding area
  • Surrounded by other highly desirable and sought-after St. Louis neighborhoods in Brentwood, Central West End, and The Hill

 

3.5 Miles From Downtown Clayton | Less Than 8 Miles From Downtown St Louis (23rd Largest MSA in U.S.)

  • Clayton ranked one of the best suburbs to live in America and top 5 in Missouri
  • 3 Fortune 500 Companies headquarter in Clayton | Median Home Price of $900,000
  • St Louis in total is home to 7 For tune 500 Companies and 15 Fortune 1000 Companies

 

  • Ease of Management | Only 6 Tenants | Minimal Deferred Maintenance
  • Offered Free & Clear of Existing Financing

Location

Agents

Broker of Record

Kyle Matthews

License # 2022018843 (MO)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Key Information

Tot. SF
71,590
Type
Shopping Centers
Occupancy
95.4%
NOI
$519,068