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    Richmond Heights Office Building For Sale Title is generated by Realmo AI

    7700-7750 Clayton Rd, Richmond Heights, MO

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    Office building in Richmond Heights, Missouri, with value-add opportunity.

    Type:OFFICE
    Property size:
    58,249 SF
    Lot size:
    1.41 Acres
    Added:
    Jan 1, 2024
    Days on Market:
    889
    Last Refresh:
    May 20 at 9:13 pm

    Property Features for 7700-7750 Clayton Rd

    General Information

    Standard status
    Active
    Size
    58,249 SF
    Lot size
    1.41 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 7700-7750 Clayton Rd Contact us

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    Listing Contact
    Joel Meyer, SIOR

    Listing agent Joel Meyer, SIOR

    Listing office Intelica CRE

    Listing date Jan 1, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Intelica CRE

    HighLights

    • Preferred location for institutional capital investment in St. Louis MSA.
    • Currently 96% leased at below‑market rental rates.
    • Opportunity to increase square footage on existing leases by implementing BOMA standards.
    • Limited land available for new office construction.
    • Maintains steady investment activity with over $1.5 billion in recent/underway construction.
    • 3.8% Class A vacancy rate.

    Overview

    This office building in Richmond Heights, Missouri, presents a value-add opportunity. The property benefits from a low Class A vacancy rate of 3.8% and accounts for 25% of total lease transactions in the St. Louis MSA. The area has experienced positive absorption of 412,000 square feet in 2019 and maintains steady investment activity, with over $1.5 billion in new construction recently completed or underway. The property is currently 96% leased at rental rates below market value. There is an opportunity to increase square footage on existing leases by implementing BOMA’s most recent measurement standards. The location is a preferred investment area for institutional capital in the St. Louis MSA, with limited land available for new office construction. The property encompasses 58,249 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Richmond Heights
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.331
    Latitude
    38.6307

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    FAQs

    What type of property is this?
    Office building - Office building in Richmond Heights, Missouri, with value-add opportunity.
    Where is this office building located?
    The property is located at 7700-7750 Clayton Rd Richmond Heights, MO.
    What are key features of this property?
    This property features: Preferred location for institutional capital investment in St. Louis MSA.; Currently 96% leased at below‑market rental rates.; Opportunity to increase square footage on existing leases by implementing BOMA standards.
    (314) 413-4952 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Joel Meyer, SIOR
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