2043 Woodland Pkwy, Maryland Heights, MO
Stabilized investment opportunity with recent renovations and highway access.
- Added:
- Jul 16, 2024
- Days on Market:
- 699
- Last Refresh:
- May 20 at 9:10 pm
Property Features for 2043 Woodland Pkwy
General Information
- Standard status
- Active
- Size
- 63,000 SF
- Lot size
- 2.80 Acres
- Property subtype
- OFFICE
Listing agent David Biales License #2003022921
Listing office JLL | St. Louis (314) 338-2080
Listing date Jul 16, 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 JLL | St. Louis
HighLights
- Excellent physical condition due to significant interior/exterior renovations in 2023.
- Stabilized investment opportunity.
- Centrally located in desirable area with excellent highway access to I‑270.
- Multi‑tenant design with ±21,000 SF floor plates.
- Top‑of‑building and monument signage opportunities available.
Overview
Local 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 | $1.41M | $22.32 |
| − Vacancy | −$381.1k | −$6.05 |
| EGI | $1.03M | $16.27 |
| − OpEx | −$256.3k | −$4.07 |
| NOI | $768.8k | $12.20 |
Alternative Uses
Current Use by Public Records
Map
- City
- Maryland Heights
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.4597
- Latitude
- 38.7254
