325 Paul Ave
Industrial | 9.00% CAP | 119,191 SqFt
Marketing description
Two-building office/warehouse investment portfolio on 4.03 acres available for sale
At 88.3% occupancy, the portfolio includes 325 Paul Ave, a 114,649 SF (93,903 SF leasable) multi-tenant office/warehouse building; and 333 Paul Ave, a 4,542 SF single-tenant office/warehouse building
325 Paul Ave features office and warehouse space on two levels and a garage in the lower level, 5 docks, 12 overhead doors, fully sprinklered, and multiple building entrances; new roof coating (partial, 95%) in 2024
333 Paul Ave features 2 oversized drive-in doors, ±0.2 acre of fenced outdoor storage, and 1,350 SF office space
Two suites in 325 Paul Ave available for lease:
Suite 65: 9,300 SF warehouse space
Suite 100: 1,706 SF office space
Zoning: M-1, Industrial District, City of Ferguson
Parking lot replaced from 2021-2024
Proximity to St. Louis Lambert International Airport (6 minutes), I-170 (5 minutes) and I-70 (3 minutes)
2025 NOI: $176,000 (9% CAP rate)
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