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33343428
33343426

1291-1299 North Highway Drive, Fenton, MO 63026

BO
MO MO 2013028875
Intelica
DM
MO 1999093826
Intelica
Intelica
DD
MO 2007035188
Intelica
Listed by Intelica
Unpriced
10 days on market
Updated 10 days ago

44 Trade Center

Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 245,730
Net Rentable (SqFt) 230,629
NOI $1,379,711
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 1967
Acreage 17.100

1291 North Highway Drive, Fenton, MO 63026

Marketing description

Intelica is pleased to present a prime investment opportunity at 1291-1299 North Highway Dr in Fenton, MO. This impressive multi-tenant warehouse is strategically located in the highly sought-after Fenton Industrial Submarket, where quality product remains scarce and absorption is near complete.

Immerse yourself in the dynamic industrial landscape surrounding the area in Fenton, MO. Situated near prominent highways and industrial parks, this prime location offers an exceptional opportunity for industrial, warehouse, and distribution investors. Within close proximity, you'll find established industry leaders such as Unilever, Fabick Cat, and Zoltek, contributing to the area's robust industrial fabric. The surrounding area also provides convenient access to diverse business resources and services, facilitating seamless operations for industrial, warehouse, and distribution ventures. Backed by strong infrastructure and a strategic position among key industry players, this location presents an enticing prospect for investors seeking a thriving commercial hub.

Featuring an outside storage component, this asset is poised to remain highly competitive in a strong labor market with limited new supply. This is an exceptional asset that offers both long-term stability and attractive profitability for investors.

Investment highlights

  • Prime Fenton Location - Situated in the highly sought-after Fenton Industrial Submarket with strong tenant demand and limited new supply.
  • Multi-Tenant Flexibility - Diverse tenant mix provides risk mitigation and steady cash flow.
  • Significant Capital Improvements - Property enhancements include new facade and exterior painting, new LED lighting throughout, upgraded bus duct work, heavy power with increased capacity, recently striped and sealed parking lot, and a roof upgrade, reducing operating costs and ensuring long-term asset quality.
  • Rail Access - Direct connection to Burlington Northern rail spur enhances logistical reach and tenant appeal.
  • High Barrier to Entry - Scarcity of comparable product ensures lasting market competitiveness.
  • Attractive Investor Returns - Exceptional asset offering long-term stability and compelling profitability.
  • Average rent is below market value

Listing Contacts

BO
MO MO 2013028875
Intelica
DM
MO 1999093826
Intelica
Intelica
DD
MO 2007035188
Intelica
Listed by Intelica

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$1,379,711.00
$114,975.92/mo

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Additional Information

Name
Brendan Obrien
License
MO 2013028875
Brokerage
Intelica CRE
Brokerage Phone
3144370284
Title
VP
Brokerage Address
11701 Borman Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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