Industrial Property in St.
3585 Tree Court Industrial Blvd St. Saint Louis, MO 63122
For Sale
Contact for pricing
Industrial property occupied by BASF, a multinational chemical company.
Property Size23,500 SF
Price / SF$82.98
Days on Market1304
Property Features for 3585 Tree Court Industrial Blvd St.
General Information
- Standard status
- Active
- Size
- 23,500 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1969
Listing Agency:
NAI DESCO - St. Louis
Listed By:
John Sheahan Jr., SIOR · License #MO 1999030010
Source:
Crexi
Added: Dec 28, 2022
Changed: Jul 6
Last Checked: Jul 22 at 12:33PM
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 NAI DESCO - St. Louis
Investment Insights
Based on property information with market context.
Located at 3585 Tree Court Industrial Blvd in St. Louis, Missouri, this 23,500 square foot industrial property has been occupied by BASF since 2011. BASF is a German multinational chemical company and the largest chemical producer in the world. Founded in 1865, the BASF Group comprises subsidiaries and joint ventures in more than 80 countries. It operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, the Americas, and Africa. BASF has customers in over 190 countries and supplies products to a wide variety of industries. It is listed on the Frankfurt Exchange. In 2021, the company’s revenue was $78.6 billion euros or $78.3 billion US dollars.
Key Highlights
- Leased to BASF, the world's largest chemical producer.
- BASF has been a tenant at this location since 2011.
- BASF serves customers in over 190 countries and had approximately $78.3 billion in revenue in 2021.
Financial Insights For Warehouse
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 | $139.4k | $5.93 |
| − Vacancy | −$6.3k | −$0.27 |
| EGI | $133.1k | $5.66 |
| − OpEx | −$20.0k | −$0.85 |
| NOI | $113.1k | $4.81 |
23,500 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$4.10M
$3.58M – $4.78M
NOI $286,781 @ 7.0% cap · market cap 14.71%
Second Best
Warehouse
$1.62M
$1.41M – $1.89M
NOI $113,121 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$5.04M
$4.41M – $5.88M
NOI $353,046 @ 7.0% cap · market cap 18.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Flex space - Industrial property occupied by BASF, a multinational chemical company.
Where is this flex space located?
The property is located at 3585 Tree Court Industrial Blvd St. Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Leased to BASF, the world's largest chemical producer.; BASF has been a tenant at this location since 2011.; BASF serves customers in over 190 countries and had approximately $78.3 billion in revenue in 2021.
