2360 Chaffee Dr St., Louis, MO 63146
41,150 SF distribution building in Westport, fully leased.
- Added:
- Apr 20, 2022
- Days on Market:
- 1511
- Last Refresh:
- May 20 at 8:07 pm
Property Features for 2360 Chaffee Dr St.
General Information
- Standard status
- Active
- Size
- 41,150 SF
- Lot size
- 1.98 Acres
- Property subtype
- Industrial, Office
Building Details
- Year Built
- 1972
Listing agent Brandon Duncan License #2004033490
Listing office Block Hawley Commercial RE
Listing date Apr 20, 2022
Source Crexi
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 Block Hawley Commercial RE
HighLights
- 100% leased, single‑tenant distribution building provides immediate income.
- Prime location in the highly coveted Westport submarket, near I‑270 & Page Blvd.
- Just 10 minutes from Lambert International Airport.
- 41,150 SF Class B building on 1.98 acres.
- Benefit from the 23’ clear height in the 100% air conditioned warehouse.
- Wet Sprinkler System for fire protection.
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 | $918.5k | $22.32 |
| − Vacancy | −$248.9k | −$6.05 |
| EGI | $669.6k | $16.27 |
| − OpEx | −$167.4k | −$4.07 |
| NOI | $502.2k | $12.20 |
Alternative Uses
Current Use by Public Records
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.4747
- Latitude
- 38.703
