Office Units with Updated
8917 Veterans Memorial Parkway O Fallon, MO 63366
For Sale
Contact for pricing
Pending
Well-maintained office units with a roof under a year old and four of five HVAC systems updated since 2020.
Property Size8,340 SF
Days on Market527
Property Features for 8917 Veterans Memorial Parkway
General Information
Standard status
Pending
Size
8,340 SF
Property subtype
OFFICE
Listing Agency:
Coldwell Banker Realty - Gundaker
(314) 267-4330
Listed By:
Dennis Hayden
(314) 267-4330
Source:
Moodyscre
Added: Feb 18, 2025
Changed: Jul 29
Last Checked: Jul 29 at 3:19PM
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 Coldwell Banker Realty - Gundaker
Investment Insights
Based on property information with market context.
Well-maintained office units totaling 8,340 square feet, currently configured as three office spaces. The two end units each offer about 2,215 square feet and are leased. The center office is about 3,910 square feet and is available.
The roof is less than a year old and includes a 20-year transferable warranty. Four out of five HVAC systems have been updated since 2020. The available center space includes eight private offices, a conference room, kitchenette, network/utility room, and large ADA bathrooms.
On-site parking totals 40 spaces, including two spaces designated for vehicles with disability license plates or placards. The property is positioned for convenient access to major roads and nearby amenities.
The roof is less than a year old and includes a 20-year transferable warranty. Four out of five HVAC systems have been updated since 2020. The available center space includes eight private offices, a conference room, kitchenette, network/utility room, and large ADA bathrooms.
On-site parking totals 40 spaces, including two spaces designated for vehicles with disability license plates or placards. The property is positioned for convenient access to major roads and nearby amenities.
Key Highlights
- 8,340 SF office units configured as three office spaces
- Roof less than a year old with a 20‑year transferable warranty
- Four of five HVAC systems updated since 2020
Financial Insights For Office B
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 | $189.2k | $22.68 |
| − Vacancy | −$51.3k | −$6.15 |
| EGI | $137.9k | $16.53 |
| − OpEx | −$34.5k | −$4.13 |
| NOI | $103.4k | $12.40 |
8,340 SF · lease $22.68/SF/yr · vacancy 27.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.48M
$1.29M – $1.72M
NOI $103,418 @ 7.0% cap · market cap 7.01%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.21M
$1.93M – $2.58M
NOI $154,508 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office units with a roof under a year old and four of five HVAC systems updated since 2020.
Where is this office units located?
The property is located at 8917 Veterans Memorial Parkway O Fallon, MO.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 8,340 SF office units configured as three office spaces; Roof less than a year old with a 20‑year transferable warranty; Four of five HVAC systems updated since 2020
