Schnucks storefront anchoring Gravois Dillon Plaza in High Ridge, Missouri
SchnucksGrocery-Anchored Investment Opportunity

Gravois Dillon Plaza

4 Dillon Plaza Dr | High Ridge, MO 63049

Execute AgreementExecutive Summary
Offering Introduction

A Schnucks-anchored community center on Highway 30

Matthews™, as exclusive broker, is pleased to present the opportunity to acquire Gravois Dillon Plaza, a 148,110± SF Schnucks-anchored community center with included outparcels, situated along Highway 30 in High Ridge—on the southwest side of the St. Louis, Missouri MSA.

148,110± SF

Offering GLA

20.64± AC

Land Area

96.95%

Occupancy

Market to
Establish

Price

$1,532,283

NOI

Aerial view of Gravois Dillon Plaza, its parking field and Highway 30 frontage

Anchor Tenants

Schnucks logo
Tractor Supply Co. logo
Five Below logo
Dollar Tree logo

National Tenants

AutoZone logo
Jack in the Box logo
Phillips 66 logo
Subway logo
Edward Jones logo
H&R Block logo
Select Physical Therapy logo
Investment Highlights

Eight reasons this center holds its ground

  • Grocery-Anchored by Schnucks

    Grocery-anchored by Schnucks with 30 years of tenure at the Property, term through 2032, and a significant commitment to serving the St. Louis community.

    Provides a valuable essential-needs shopping draw that has proven resilient through macroeconomic fluctuation, the rise of e-commerce, and a global pandemic.

  • High-Traffic St. Louis MSA Position

    Located on the southwest side of the St. Louis MSA in the growing community of High Ridge.

    Fronting Missouri Route 30 with 36,860 VPD.

  • Solid National Credit Anchor Mix

    Anchored by Schnucks, Tractor Supply Co., Five Below, and Dollar Tree.

    The anchors account for roughly 71% of total GLA and have an average remaining lease term of almost six years.

  • High-Performing Anchor Stores

    Schnucks ranks #23 of 118 U.S. locations, within the top 19%, for consumer foot traffic.

    Tractor Supply ranks #8 of 69 Missouri locations, within the top 10% in the state.

  • 82% National Credit Tenant Roster

    The tenant roster is composed of more than 82% national credit retailers, including predominantly e-commerce-resistant shops.

    The national roster reinforces income stability and supports buyer financing opportunities.

  • Strong Retail Fundamentals

    A traditional retail-strip layout with excellent visibility, prominent signage along Missouri Route 30, two signalized corners, and a signalized main entrance.

    Abundant parking, national outparcel draws, and adjacent residential communities round out the fundamentals.

  • Included and Separately Parceled Outparcels

    The offering includes Five Below on a newer 10-year lease, AutoZone, Jack in the Box, Dynasty Buffet Sushi & Hibachi, and a multitenant shop building.

    The separately parceled components provide potential future spin-off optionality.

  • Affluent and Growing Trade Area

    An affluent, growing trade area supports the center's essential-needs draw.

    Underscored by an average household income of approximately $130,000 within five miles of the Property.

Property Attributes

Proven shopping destination within the community

Gravois Dillon Plaza boasts a mix of essential-needs providers, national anchors, and ancillary customer draws, allowing it to serve a wide array of consumer needs and facilitating its sustained viability within the community.

1.7M+

Annual customer visits

Customer visitation heat map of the trade area surrounding Gravois Dillon Plaza
Gravois Dillon Plaza
  • #36 of 175

    Top 20%

    Neighborhood centers in Missouri

  • #4,330 of 12,246

    Top 36%

    Neighborhood centers in the U.S.

  • #12 of 51

    Top 22%

    Neighborhood centers within 15 miles

Strategic, high-traffic position

The Property fronts Missouri Route 30, one of St. Louis' busiest suburban thoroughfares, roughly 22 miles from Downtown St. Louis.

36,860 VPD

Traffic in front of the center

St. LouisFenton

I-44St. ClairHigh Ridge

MO 30

Strong retail fundamentals

  • Phenomenal visibility
  • Prominent signage along MO-30
  • Two signalized corners
  • Signalized main entrance access
  • Ample parking
  • Owned outparcels
  • Adjacent consumer base
  • Frontage on Missouri Route 30

Site plan

Included Outparcel Optionality

Separately parceled, ready for spin-off

Already separately parceled, these valuable outparcel components provide the next iteration of ownership with potential future spin-off optionality, which may reduce equity in the investment and add a layer of value-add creation.

Separately parceled

Potential future spin-off optionality

  • AutoZone logo
  • Jack in the Box logo
  • Phillips 66 logo
  • Dynasty Buffet Sushi & Hibachi logo
  • Five Below logo
  • Subway logo
  • Edward Jones logo
  • H&R Block logo
  • Additional multitenant shop space
Phillips 66 fuel outparcel and adjacent retail at Gravois Dillon Plaza
Tenant Highlights

The #1 true grocer in St. Louis

Schnucks storefront with CVS Pharmacy signage at Gravois Dillon Plaza
Schnucks logo

#23 of 118

U.S. locations — top 19%

#15 of 74

Missouri locations — top 19%

  • 30+ years of tenure
  • Term through 2032
  • Essential-services anchor
  • Tractor Supply Co. storefront at Gravois Dillon Plaza
    Tractor Supply Co. logo
    • #588 of 2,257

      Top 26% in the U.S.

    • #8 of 69

      Top 10% in Missouri

  • Five Below storefront on an outparcel at Gravois Dillon Plaza
    Five Below logo
    • New 10-Yr. Lease

      In 2024

  • Dollar Tree storefront at Gravois Dillon Plaza
    Dollar Tree logo
    • 29+ Years

      Of tenure at the Property

6 Years

Average remaining anchor term

The national anchor mix accounts for roughly 71% of total GLA.

82% national credit tenant roster

Beyond the anchors, predominantly e-commerce-resistant national shops fortify roster stability and support buyer financing.

  • AutoZone logo
  • Jack in the Box logo
  • Phillips 66 logo
  • Subway logo
  • Edward Jones logo
  • H&R Block logo
  • Select Physical Therapy logo
High Ridge & St. Louis

A growing, family-oriented suburb

High Ridge is a growing, family-oriented suburb on the southwest side of the St. Louis MSA, located approximately 22 miles from Downtown St. Louis.

Downtown St. Louis at dusk with the Old Courthouse dome

2.8M

People across the St. Louis region

22 Mi.

To Downtown St. Louis

Labeled aerial of Gravois Dillon Plaza showing tenant footprints, parcels, Missouri Route 30 frontage and 36,860 VPD

$130K±

Average household income within three miles of the Property

36,860 VPD

Traffic along Missouri Route 30 in front of the center

  • Healthcare and education hub

    A major regional hub for healthcare and a center for education, anchored by Washington University in St. Louis and major healthcare institutions.

  • Corporate base

    Fortune 500 and global headquarters call the region home.

  • Top industry sectors

    Manufacturing, healthcare, education, food production, and financial services.

  • Innovation

    An emerging technology hub centered around the Cortex Innovation Community.

  • Culture and recreation

    Major cultural institutions, professional sports, museums, parks, and the St. Louis Zoo.

Regional Connectivity

Moving goods and people

St. Louis Lambert International Airport

  • 28 Mi.

    From Gravois Dillon Plaza

  • ±32 Min.

    Drive time

  • 15.3M

    Annual passengers

  • 80

    Nonstop destinations

Port of Metropolitan St. Louis

  • #1

    Most efficient inland port system in the U.S.

  • $5.6B

    Annual economic impact

  • 31,000

    Jobs supported

  • $475.9M

    Annual tax generation

  • 6.4M Tons

    Of freight annually

Six Class I railroads serve one of the largest rail hubs in the U.S.

Access to major regional and interstate highways.

Agents

Contact the agents

Broker of Record

Kyle Matthews

License No. 2017010164 (MO)  |  Firm No. 2022018843 (MO)