15253 Manchester Rd
Ballwin, MO 63011
Walgreens · Retail Property For Sale

The subject investment property is situated on Manchester Road at a signalized intersection with New Ballwin Road. The Two roads boast average daily traffic counts of 52,000 and 18,500 vehicles, respectively. Manchester Road serves as an access road to Highway 141, which brings an additional 62,500 vehicles into the immediate area on average daily. This investment property greatly benefits from its robust demographics. There are more than 77,500 individuals residing within a three-mile radius of the property and more than 160,500 individuals within a five-mile radius, these figures are projected to continue to grow over the coming years. This subject Walgreens is also positioned in an affluent neighborhood, within a five-mile radius the average household income exceeds $136,500, which is more than double the national average. The subject property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants all within proximity of this property. Major national tenants include: Walmart, Costco, Target, Best Buy, Nordstrom Rack, Kohl’s, Marshalls, Ross Dress For Less, Old Navy, Hobby Lobby, McDonald’s, and many more. The subject investment property benefits from its immediate access to healthcare. St. Luke's Des Peres Hospital and Mercy Hospital of St. Louis are both lactated less than nine miles away. The two hospitals have a combined bed count that exceeds a whopping 940 staffed beds. Additionally, St. Louis Lambert International Airport is located twelve miles away. The airport serves of 15.5 million passengers annually. Ballwin is a middle-class suburb located just west of St. Louis. Its convenient location puts it within 30 minutes from five major universities and colleges, St. Louis-Lambert International Airport, and downtown St. Louis. The town has grown tremendously since its founding. Today, over 32,000 people call this thriving city their home. The city greatly benefits from being located just over 20 miles from St. Louis. Known for the iconic Gateway Arch, St. Louis is a major U.S. port, located along the western bank of the Mississippi River. It is the cultural and economic center of the Greater St. Louis Metropolitan area and is the largest metropolitan area in Missouri. The area’s economy relies on service, manufacturing, trade, transportation of goods, and tourism. Its metro area is home to major corporations, including Anheuser-Busch, Boeing Defense, Energizer, Panera, Enterprise, Edward Jones, and Purina. The city is also gaining recognition for its growing medical, pharmaceutical and research presence. Several institutions of higher education are in the metropolitan area. St. Louis University and The University of Missouri - St. Louis are the area’s major universities. Other schools include Lindenwood University, Harris-Stowe State College, Maryville University of St. Louis, Webster University, Fontbonne University, and St. Louis Community College.