NNN-Leased Commercial
361 North Dr, Saint Charles, MO 63301
For Sale
Contact for pricing
The tenant covers property taxes, insurance, and common area maintenance under the lease structure.
Property Size6,160 SF
Price / SF$227.27
Days on Market12
Property Features for 361 North Dr
General Information
Standard status
Size
Property subtype
Listing Agency:
NAI DESCO
(314) 994-4444
Listed By:
Meghan M Donovan · License #2021006473
(314) 810-9213
Source:
Moodyscre
Added: Oct 27
Changed: Nov 6
Last Checked: Nov 6 at 9:23AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,160-square-foot commercial property is offered for sale with an NNN lease structure. The tenant is responsible for property taxes, insurance, and common area maintenance.
Key Highlights
- 6,160 square feet
- NNN lease assigns property taxes, insurance, and common area maintenance to the tenant
- Located at 361 North Dr, Saint Charles, MO 63301
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,982
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,879,640
$1.9M
Cap Rate 7%
$1,342,600
$1.3M
Cap Rate 9%
$1,044,244
$1.0M
Market Conditions
NOI Build-Up for 6,160 SF
Gross rent
$139.7K $22.68/SF
− Vacancy
−$5.4K −$0.88/SF
EGI
$134.3K $21.80/SF
− OpEx
−$40.3K −$6.54/SF
NOI
$94.0K $15.26/SF
Area
St. Charles County, MO
Vacancy
3.90%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,879,640
Cap Rate 7%
$1,342,600
Cap Rate 9%
$1,044,244
Alternative Uses
Best Use
Industrial
$1.34M
$1.17M – $1.57M
NOI $93,982 @ 7.0% cap · market cap 6.71%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.63M
$1.43M – $1.90M
NOI $114,121 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
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Business Placement
Demographics for 63301, MO
50,890
Population
22,687
Households
2.2
Avg Household Size
39
Median Age
39%
College-Educated
94%
High-School Grad
84.3 sq mi
ZIP Area
604
Density / Sq Mi
$83,551
Median Household Income
$46,433
Median Earnings
$1,093
Median Rent
$249,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - The tenant covers property taxes, insurance, and common area maintenance under the lease structure.
Where is this nnn property located?
The property is located at 361 North Dr Saint Charles, MO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 6,160 square feet; NNN lease assigns property taxes, insurance, and common area maintenance to the tenant; Located at 361 North Dr, Saint Charles, MO 63301
