616 Trade Center BlvdChesterfield, MO 63005

For Sale
$2,250,000

12,255 SF, 100% Leased, Core Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 12,255-square-foot office building, located at 616 Trade Center Blvd in Chesterfield, Missouri, presents a compelling investment opportunity. The single-story, 2001-constructed building sits on a single unit and is currently 100% occupied under a triple-net (NNN) lease, providing immediate cash flow. The property boasts approximately 92% office space, ideal for a variety of businesses, complemented by warehouse space featuring a dock door (with potential for expansion). The high ceilings (20 feet) offer ample storage and operational flexibility. Situated in the desirable Chesterfield Valley, this property enjoys convenient access to I-64, ensuring excellent accessibility for employees and clients. The building is zoned PID and is currently leased through July 31, 2029. A significant rent increase is projected due to built-in rent bumps tied to the Consumer Price Index (CPI), with a 24-month CPI adjustment scheduled for August 1, 2025. This presents a strong potential for future appreciation and return on investment. The asking price is $2,250,000, translating to $183.60 per square foot. This core investment property offers a rare combination of immediate income, long-term lease security, and significant upside potential. Don't miss this opportunity to acquire a high-quality asset in a prime Chesterfield location.

Highlights

  • 12,255 SF office building in Chesterfield, MO, on a single lot.
  • Single-story, 2001 construction, 100% occupied under a NNN lease expiring July 31, 2029.
  • Features approximately 92% office space and warehouse space with a dock door.
  • High ceilings (20 feet), excellent I-64 access in Chesterfield Valley.
  • PID zoning, $2,250,000 asking price ($183.60/SF), CPI-adjusted rent increases.

Property Details for 616 Trade Center Blvd

Property type
Other office properties, Office properties
Square Feet
12,255 SF
Year Built
2001
Buildings
1
Stories
1
Units
1

Location Insight

City
Chesterfield
County
St. Louis
State
Missouri
Latitude
38.6645248
Longitude
-90.623538
616 Trade Center Blvd, Chesterfield, Missouri

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616 Trade Center Blvd
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