991 Waterbury Falls Dr
O'Fallon, MO 63368
The Shops at Waterbury · Retail Property For Sale

Marcus & Millichap is pleased to present for your acquisition review The Shops at Waterbury.   The Shops at Waterbury are a 46,266 square foot shopping destination located at State Highway K and Waterbury Falls Drive, adjacent to the 518,000 square foot CITI Progress Point facility from CitiMortgage. Highway K (29,477 vehicles per day) travels north/south past The Shops, eventually feeding into I-64 less than one mile down the road. Interstate 64 is a main, heavily trafficked thoroughfare that travels into St. Louis with more than 59,000 vehicles per day.   The Plaza is strategically placed at a signalized intersection in the heart of St. Louis’ affluent bedroom community, offering a home to a successful blend of local, regional, and national tenants. A true standout, with its unique architectural appeal, The Shops at Waterbury have been successful in recruiting area tenants to relocate their businesses to the center. The Shops at Waterbury are anchored by DaVita Dialysis, Sports Clips, Jimmy John’s, The Egg &I, Athletico Physical Therapy, and Allstate. Future owners should rest easy knowing that single and multifamily development is booming in the community; hundreds of apartment units are either approved or under construction in the city. Beyond that, the center offers the best possible alternative for potential lessees with rents below market. Nearby is the West of the Progress West Hospital, Persimmon Woods Golf Club, The Phoenix Group, Rawlings, multiple hotels, along with Mercedes Benz, Chevrolet, and Honda dealerships, providing plenty of mouths to feed. Located in St. Louis' most populated suburb of O'Fallon, the site boasts excellent demographics. There are 104,687 residents within a 5-mile radius of the property with an average household income of $109,027. This year, O’Fallon was named a top ten city to live in by two separate periodicals for their dedication to high-performing schools, safe neighbourhoods, and low unemployment. The city’s growing population and high average household income provide the ideal backdrop for The Shops at Waterbury.