18333 Wings Corporate DrChesterfield, MO 63005

For Sale
$2,456,800

Missouri Office Building: Sale-Leaseback

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a single-tenant, Class A office building located at 18333-18341 Wings Corporate Drive, Chesterfield, MO 63005. The 9,960 square foot building, constructed in 2014, sits on a 2.91-acre lot and includes an adjacent 1.56-acre parcel. The property boasts a 10-year absolute NNN lease commencing January 1, 2025, and expiring December 31, 2034, with a 7.50% cap rate and a current NOI of $184,260. The lease features a corporate guarantee from a nationally recognized general contractor with a 40+ year history of success. Rent increases by 10% every five years, providing significant long-term value appreciation. The building is a single-story, tilt-up construction, offering low maintenance and operational costs. This sale-leaseback transaction offers a secure, passive income stream with minimal landlord responsibilities. The property's prime location in Chesterfield, Missouri, ensures strong tenant occupancy and future growth potential. Two lease options are included. This is a rare opportunity to acquire a high-quality, income-producing asset backed by a strong corporate tenant.

Highlights

  • Absolute NNN lease; zero landlord responsibilities.
  • Corporate sale-leaseback with Knoebel Construction corporate guarantee.
  • Investment-grade tenant with 40+ year history as a leading national general contractor.
  • Lease includes 10% rent increases every five years.

Property Details for 18333 Wings Corporate Dr

Property type
Other office properties, Office properties
Square Feet
9,960 SF
Class
A
Year Built
2014
Buildings
1
Stories
1
Lot Size (sq. ft)
126,760 SF

Location Insight

City
Chesterfield
County
St. Louis
State
Missouri
Latitude
38.6622644
Longitude
-90.6697194
18333 Wings Corporate Dr, Chesterfield, Missouri

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18333 Wings Corporate Dr
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