Divisible Office/Flex
707 Spirit 40 Park Drive Chesterfield, MO 63005
For Sale
$4,561,332
COMMERCIAL - Chesterfield, MO
Property Size35,916 SF
Lot Size2.76 Acres
Price / SF$127
Days on Market18
Property Features for 707 Spirit 40 Park Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
17V-42-0113
Lot size
2.76 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
122462
Building Details
Year built
1998
Floors in Building
1
Listing Agency:
Manor Real Estate
(314) 647-6611
Listed By:
Ben Cherry · License #2006018085
(314) 647-6611
Added: Jul 10
Changed: Jul 22
Last Checked: Jul 27 at 10:06AM
MLS# 26038094
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
707 Spirit 40 Park Drive is a 35,916 square foot office/flex building offered for acquisition or occupancy. The building features a divisible floor plan with six suites, approximately 2,400 to 13,100 square feet, designed to accommodate a single occupant or multiple tenants. Interior finishes are described as modern and updated, supported by an existing parking plan of 280 dedicated spaces.
The property includes prominent building signage available on Chesterfield Airport Road and is located in the Chesterfield Valley submarket of west St. Louis County. The site is immediately adjacent to the Gateway Studios development and has direct access to I-64. Additional area context in the listing includes proximity to Chesterfield Commons and St. Louis Premium Outlets.
Availability includes both an owner-user acquisition opportunity with full-building control and an option for a multi-tenant strategy within the existing suite framework.
The property includes prominent building signage available on Chesterfield Airport Road and is located in the Chesterfield Valley submarket of west St. Louis County. The site is immediately adjacent to the Gateway Studios development and has direct access to I-64. Additional area context in the listing includes proximity to Chesterfield Commons and St. Louis Premium Outlets.
Availability includes both an owner-user acquisition opportunity with full-building control and an option for a multi-tenant strategy within the existing suite framework.
Key Highlights
- 35,916 SF office/flex building built in 1998 in Chesterfield Valley submarket (west St. Louis County).
- Divisible floor plan with 6 suites ranging from approximately 2,400 to 13,100 SF for flexible single‑tenant or multi‑tenant use.
- 280 dedicated parking spaces (4.26 per 1,000 SF) to support office and flex users.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $213.0k | $5.93 |
| − Vacancy | −$9.6k | −$0.27 |
| EGI | $203.4k | $5.66 |
| − OpEx | −$61.0k | −$1.70 |
| NOI | $142.4k | $3.96 |
35,916 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$6.26M
$5.48M – $7.30M
NOI $438,299 @ 7.0% cap · market cap 9.61%
Second Best
Industrial
$2.03M
$1.78M – $2.37M
NOI $142,378 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$7.71M
$6.74M – $8.99M
NOI $539,574 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Office/flex building with six divisible suites and 280 dedicated parking spaces.
Where is this flex space located?
The property is located at 707 Spirit 40 Park Drive Chesterfield, MO.
What is the asking price?
The asking price for this property is $4,561,332.
What are key features of this property?
This property features: 35,916 SF office/flex building built in 1998 in Chesterfield Valley submarket (west St. Louis County).; Divisible floor plan with 6 suites ranging from approximately 2,400 to 13,100 SF for flexible single‑tenant or multi‑tenant use.; 280 dedicated parking spaces (4.26 per 1,000 SF) to support office and flex users.
