Listed by SVN | Infinity Commercial Group - Zvibleman, SVN | Desert Commercial Advisors
$5,480,000
Northrop Grumman Subsidiary Cutting Edge Optronics
Details
Property Type Industrial
Sub Type Flex
Square Footage 35,215
Units 1
Cap Rate 6.65%
NOI $364,271
Occupancy 100%
Tenancy Single
Brand/Tenant Northrop Grumman, Cutting Edge Optronics
Lease Type NN+
Rent Bumps Yes
Lease Options Three 3 Year Options
Price per SqFt $156
Broker Co-Op No
Class A
Year Built 1985
Buildings 1
Acreage 2.200
Investment Type Stabilized
Tenant Credit Credit Rated, Corporate Guarantee
Occupancy Date 10/16/1987
Ceiling Height 14
Ownership Northrup Grumman
Northrop Grumman subsidiary Ccutting Edge Optronics | Net Lease Investment
Marketing description
Discover an exceptional investment opportunity at this prime property in the Saint Charles area. Boasting a 35,215 square foot building, constructed in 1985, this meticulously maintained space offers unparalleled potential for office or lab utilization. With a remarkable 100% occupancy rate, investors can seize a turnkey opportunity with a strong and stable tenant base. The property's strategic location provides convenient access to key transportation routes and regional amenities, making it an enticing prospect for discerning investors seeking a high-performing asset in a thriving economic hub. Don't miss the chance to become a part of this flourishing business community with this outstanding investment offering.
Nestled in the heart of St. Charles, this vibrant community offers a perfect blend of historical charm and modern conveniences. The area is renowned for its picturesque riverside setting, historic Main Street with its shops and restaurants, and numerous cultural attractions. Investors in office buildings will appreciate the area's strong business presence and accessibility, with nearby major highways and convenient proximity to Lambert-St. Louis International Airport. Additionally, the area boasts a strong workforce with a skilled labor pool, making it an ideal location for business growth. The property's strategic location within this dynamic and thriving community presents an exceptional opportunity for office building investment.
Investment highlights
- Extreme Tenant Stickiness & Mission-Critical Use
- Specialized High-Tech Infrastructure
- ISO-Standard Clean Rooms, Specialty HVAC & Filtration, Heavy Power, +/- 31,952 SF Customized Lab Space
- National Credit Tenant: Corporate Credit Stability
- "Investor Grade" Asset
- Strategic Location
- Cutting Edge Optronics (Northrop Grumman subsidiary) has occupied the facility since 1986 and now utilizes the full 35,215 SF. The 90%+ specialized lab and clean room buildout makes relocation operationally difficult and cost-prohibitive due to decommissioning and re-certification needs. The tenant has also historically invested in critical HVAC infrastructure, reinforcing long-term commitment
- Specialized High-Tech Infrastructure: Built for advanced laser/optronics manufacturing, the facility includes ISO clean rooms, HЕРА HVAC systems, full temperature control, and 3200A 3-phase power. Approximately 31,952 SFis finished lab, production, and office space,
- Located in Point West Business Park with immediate 1-70 access in a sub-4% vacancy submarket.
- Subsidiary of Northrop Grumman (NYSE: NOC) since 2002
- Mission-Critical Defense & Aerospace Operations
- Stabilized investment with an in-place Net Lease providing predictable income
- Located in a high-growth corridor attractive to advanced technology users
- Passive ownership structure with limited landlord responsibilities under Net Lease
- Specialized high-tech lab buildout supports long-term tenant stability
- Strong NOI, long term tenant with National Credit
Listing Contacts
Listed by SVN | Infinity Commercial Group - Zvibleman, SVN | Desert Commercial Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$364,271.00
$30,355.92/mo
Valuation Metrics
0
DSCR
6.65%
Cap Rate
6.65%
ROI
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