Single-Tenant NNN
For Sale
Contact for pricing
4601-4608 Crossroads Industrial Dr, Bridgeton, MO 63044
Single-tenant NNN warehouse with office on a multi-acre site with easy highway access.
Property Size21,852 SF
Lot Size12.32 Acres
Price / SF$240.25
Days on Market100
Property Features for 4601-4608 Crossroads Industrial Dr
General Information
Standard status
Active
Size
21,852 SF
Lot size
12.32 Acres
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Building Details
Building Size
21,852 SF
Tenancy
Single
Listing Agency:
Stephen F. Bahn Commercial Real Estate
(314) 849-5858
Listed By:
Stephen "Steve" Bahn · License #MO 1999022785
Source:
Moodyscre
Added: Jun 9
Changed: Sep 8
Last Checked: Sep 16 at 1:13PM
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 Stephen F. Bahn Commercial Real Estate
Investment Insights
Based on property information with market context.
This single-tenant NNN warehouse asset includes a warehouse plus office building in a two-property offering. The property totals 21,852 SF of warehouse and office space on 12.32 acres.
The tenant has operated at this location for 20+ years providing trailer/tractor repair and trailer parking services. The site is positioned in the center of the Bridgton/Earth City transportation and industrial hub, with easy access to Highways 70, 270, and 370.
The configuration combines warehouse and office space for an industrial service operator, with the larger site supporting trailer parking as part of day-to-day operations.
The tenant has operated at this location for 20+ years providing trailer/tractor repair and trailer parking services. The site is positioned in the center of the Bridgton/Earth City transportation and industrial hub, with easy access to Highways 70, 270, and 370.
The configuration combines warehouse and office space for an industrial service operator, with the larger site supporting trailer parking as part of day-to-day operations.
Key Highlights
- Single‑tenant NNN industrial asset in a two‑property offering
- 21,852 SF warehouse + office building
- 12.32 acres
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$266,670
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,333,400
$5.3M
Cap Rate 7%
$3,809,571
$3.8M
Cap Rate 9%
$2,963,000
$3.0M
Market Conditions
NOI Build-Up for 21,852 SF
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.
Gross rent
$487.7K $22.32/SF
− Vacancy
−$132.2K −$6.05/SF
EGI
$355.6K $16.27/SF
− OpEx
−$88.9K −$4.07/SF
NOI
$266.7K $12.20/SF
Area
St. Louis County, MO
Vacancy
27.10%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,333,400
Cap Rate 7%
$3,809,571
Cap Rate 9%
$2,963,000
Alternative Uses
Best Use
Office B
$3.81M
$3.33M – $4.44M
NOI $266,670 @ 7.0% cap · market cap 5.08%
Second Best
Warehouse
$1.50M
$1.31M – $1.75M
NOI $105,188 @ 7.0% cap · market cap 2.00%
Theoretical Best
Office A
$4.69M
$4.10M – $5.47M
NOI $328,288 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63044, MO
10,587
Population
4,634
Households
2.3
Avg Household Size
43
Median Age
37%
College-Educated
90%
High-School Grad
16.7 sq mi
ZIP Area
634
Density / Sq Mi
$76,094
Median Household Income
$45,822
Median Earnings
$1,093
Median Rent
$232,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Warehouse - Single-tenant NNN warehouse with office on a multi-acre site with easy highway access.
Where is this warehouse located?
The property is located at 4601-4608 Crossroads Industrial Dr Bridgeton, MO.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Single‑tenant NNN industrial asset in a two‑property offering; 21,852 SF warehouse + office building; 12.32 acres
