6705-6707 KEATON CORPORATE PARKWAY O'fallon MO 63368

Marcus & Millichap is pleased to present for your acquisition review Keaton Corporate Parkway in O’Fallon, Missouri.

Keaton Corporate Parkway is a 109,854 square foot industrial building that sits just off of Highway K in the heart of O’Fallon. Highway K travels north/south passed the Keaton Corporate Parkway building, eventually feeding into I-64 one mile down the road. Interstate 64 is a main, heavily-trafficked thoroughfare that travels into St. Louis.

The building has been 100 percent occupied since 2007 and does not have any lease rollover until May 2019. The leases are structured so that there is minimal landlord responsibility, with the tenants reimbursing for their pro-rate share of expenses. Keaton Corporate Parkway is unique to this market in that it provides large big-box industrial suites, with ample square footage for tenants like Rawlings and The Phoenix Group to operate in. There is a lack of competition with other industrial buildings offering these size of suites in this market, hopefully providing investors with a sense of stability with this deal knowing these tenants have minimal opportunities to operate their business elsewhere.

Rawlings is a sports equipment manufacturing company that was founded in 1887 in St. Louis. They specialize in baseball equipment but also manufactures softball, basketball, football, and training equipment. Rawlings was credited with introduction football shoulder pads in 1902 and the first all-weather football. The Phoenix Group is the largest independent equipment supplier and service provider in the POS Industry, and the only company with distribution agreements with every major manufacturer: VeriFone, Equinox, Ingenico, Magtek, PAX, Dejavoo and many others.