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This exceptional 95,452 square foot Class B office building presents a compelling investment opportunity. Located at 230 S Bemiston Ave in Clayton, Missouri's highly sought-after Mid County submarket, this 12-story building (plus a two-story annex) boasts 83.65% occupancy across 44 diverse tenants. Built in 1963 and renovated in 2008, the property features a granular rent roll with no single tenant exceeding 8% of the total rentable area, ensuring stable cash flow. The building offers a superior 3.5 parking spaces per 1,000 square feet, including 317 covered spaces. Its prime location provides excellent visibility to over 22,000 vehicles daily, with direct access to Forest Park Parkway and Interstate 170, and a one-block walk to the MetroLink light-rail station. Amenities include an inviting lobby, a conference facility, an on-site restaurant, and a fully staffed management office. The surrounding area showcases exceptional demographics, with an average household income of $208,024 and an average home value of $792,720, and a low unemployment rate of 1.2%. The two-story annex benefits from an economically favorable ground lease extending to December 31, 2064, with no rent increases. This property offers strong in-place cash flow, potential for rent growth, and further lease-up opportunities, making it an ideal investment in a high-growth market with a low vacancy rate of 13.4%. The floorplates are well-suited for smaller tenants, and the building's location is steps away from major employers, entertainment, and dining options.
Highlights
95,452 SF office building in Clayton, MO, a prime St. Louis submarket.
High-visibility location with easy access to Forest Park Parkway and I-170.
Excellent amenities: ample parking, on-site restaurant, and conference center.
83.65% occupied, generating strong cash flow.
Solid tenant roster with diverse lease expirations.
Exceptional demographics: $208,024 average household income and $792,720 average home value within one mile.
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Contacts
Rick Eiseman
Matt Bukhshtaber
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230 Bemiston Ave, Clayton, Missouri, 63105
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.