Shoppes at Hawk Ridge is a 95,852-square foot, Walmart shadow-anchored retail center located in Lake Saint Louis, Missouri. Anchored by Dollar Tree, the center is currently 98 percent occupied, with 30 percent of the gross leasable area having national tenants. Other tenants include Massage Luxe, Check into Cash, Fantastic Sams, DeForest Dental, Sally Beauty, AV Nails, Village Cafe, Petland, Barefoot Floors, Tans 2 Glo, Complete Fitness, Subway, Mattingly’s, The Axe House, Mathnasium, Nails Du Soleil, Title Max, Hawk Ridge Chiropractic, and BJC Medical Group. Situated on two parcels totaling 10.3 acres, the center is comprised of two multi-tenant buildings constructed in 2005.
Shoppes at Hawk Ridge is located in the western quadrant of the Interstate 64 and Highway 364 Intersection, strategically positioned in a fast-growing retail and residential area. The center is at the signalized hard corner location of Ronald Reagan Drive and Lila Lane, with additional ingress and egress points from Robert Raymond Drive. The center is shadow-anchored by a high-preforming Walmart Supercenter, with numerous other national and regional tenants in the surrounding area. The center is approximately one mile from The Meadows Lake Saint Louis, a regional shopping destination offering more than 30 retailers and restaurants. Plans have been approved to add four additional retail buildings and a hotel to the shopping center for tenants including Neiman Marcus, Saks Fifth Avenue, and a Hilton Hotel. The area has strong demographics with a one-mile household income of $122,725.
DynaFlex has been granted an $8 million bond for the development of an approximately 57,600-square foot facility, to be located less than one mile southeast of the property on Hawk Ridge Trail. Situated on an 11-acre site, the development will serve as the company’s new headquarters and advanced manufacturing facility. The move will relocate 130 employees and add 15 new jobs within its first three years of operation. The City of Lake Saint Louis is a planned community situated around two lakes between Interstate 70 and Interstate 64 in western St. Charles County, Missouri. The subject property is located 37 miles northwest of downtown Saint Louis. Lake Saint Louis experienced a large surge in commercial development in 2004 when National Information Solutions Cooperative headquarters relocated to the area.
- 95,852-Square Foot, Walmart Shadow-Anchored Retail Center | Walmart Store Reports over $81 Million in Annual Sales and is the Dominant Grocer in the Market
- Anchored by Dollar Tree | Complementary Mix of Tenants | 30% of the Gross Leasable Area has National Tenants
- Comprised of Two Multi-Tenant Buildings Situated on 10.3 Acres
- 98% Occupied | All Leases are Triple-Net
- Current Average Rents are Well Below Market | Landlord has Obtained Significant Rent Increases on New Leases
- Mattingly’s Recently Relocated to Shoppes at Hawk Ridge from Weldon Springs | $1.4 Million Invested in Design and Construction of New Location | Expanded their Footprint to Include an 1,800 Square Foot, Multi-Use Banquet Room, Full Bar, and Dining Room | Mattingly’s is a Family-Owned Restaurant Chain with Three Locations in Missouri
- Traffic Drivers in the Vicinity Include Walmart, Lowe’s Home Improvement and TJ Maxx
- Located in the Western Quadrant of the Interstate 64 and Highway 364 Intersection | Signalized Hard Corner Location of Ronald Reagan Drive and Lila Lane with Additional Ingress and Egress Points from Robert Raymond Drive
- Strategically Positioned in Fast-Growing Retail and Residential Area with Excellent Demographics | The Average Household Income Within One Mile is $122,446; $110,146 Within Three Miles; and $106,054 Within Five Miles
- In the Last Four Years, More Than 390 New Single-Family Homes Have Been Constructed in the Neighboring Area, and a New 74-Unit Apartment Complex is Near Completion
- The Streets of Caledonia Mixed-Use Development will Add More Than 650 New Single Family Residences | Located Less than Three Miles from the Subject Property
- DynaFlex Industrial Development Received an $8 Million Bond for the Proposed Construction of a 57,600-Square Foot Headquarters/Advanced Manufacturing Facility Located Less Than One Mile from the Property on Hawk Ridge Trail | Will Relocate 130 Employees and Create 15 New Jobs Within the First Three Years of Operation
- Lake Saint Louis and Neighboring O’Fallon have Experienced over 14% Population Growth Since 2010
