Listed by Bahn Realty Commercial Real Estate Services
$1,750,000
3675 W Outer Road
Details
Property Type Office
Sub Type Traditional Office
Square Footage 25,558
Cap Rate 9.48%
NOI $165,947
Occupancy 92%
Tenancy Multi
Price per SqFt $68
Acreage 3.650
Investment Type Value Add
Office | 9.48% CAP | 25,558 SqFt
Marketing description
- Great visibility and access with 115,000+ combined vehicles per day on I-55 and 15,000+ vehicles per day at on W Outer Rd.
- Located in Arnold, a high-growth submarket of Jefferson County with strong demand for office and service tenants.
- Location near major highways and residential communities makes property attractive to both employers and state agencies.
- Surrounded by retailers including Target, Walmart, Schnucks, Home Depot, McDonalds, Culver's, Taco Bell, and many more.
Investment highlights
- 25,558 SF office building situated on 3.65 acres with excellent visibility along I-55.
- Ideal for an investment buyer seeking a value-add opportunity, this property offers an attractive 9.48% cap rate based on in-place NOI, below-market rents with upside potential, and a low basis for future value creation.
- Anchored by the State of Missouri, a long-standing tenant with 24 years of continuous occupancy and a newly signed lease agreement.
- Value-add potential through lease-up of vacant suite, capturing higher market rents, and securing longer-term leases with annual rent escalations.
- Great visibility and access with 115,000+ combined vehicles per day on I-55 and 15,000+ vehicles per day at on W Outer Rd.
- Located in Arnold, a high-growth submarket of Jefferson County with strong demand for office and service tenants.
- Location near major highways and residential communities makes property attractive to both employers and state agencies.
- Surrounded by retailers including Target, Walmart, Schnucks, Home Depot, McDonalds, Culver's, Taco Bell, and many more.
Listing Contacts
Listed by Bahn Realty Commercial Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,947.00
$13,828.92/mo
Valuation Metrics
0
DSCR
9.48%
Cap Rate
9.48%
ROI
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