707 Spirit 40 Park Drive, Chesterfield, MO 63005
Commercial Sale - Chesterfield, MO
- Added:
- Jun 16, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 21 at 6:06 pm
Property Features for 707 Spirit 40 Park Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 17V-42-0113
- Size
- 35,916 SF
- Lot size
- 2.76 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 122462
Building Details
- Year built
- 1998
- Architectural style
- Other
Listing agent Ben Cherry License #2006018085 3146476611x11
Listing office Manor Real Estate 8085 Manchester Road, Saint Louis, MO (314) 647-6611
Listing date Jun 16, 2026
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 35,916 SF office/flex building built in 1998 in the Chesterfield Valley submarket (west St. Louis County).
- Divisible floor plan with 6 suites ranging from approx. 2,400 to 13,100 SF for single or multiple‑tenant use.
- 280 dedicated parking spaces (4.26 per 1,000 SF) to support dense office or flex/professional users.
- Prominent building signage available on Chesterfield Airport Road with visibility on a primary submarket arterial.
- Direct access to I‑64 and immediate adjacency to the $130M Gateway Studios development.
- For sale at $5,387,400 ($150/SF); lease option available at $22.00/SF Full‑Service Gross.
Overview
The property provides 280 dedicated parking spaces and includes prominent building signage on Chesterfield Airport Road. The site is positioned immediately adjacent to the Gateway Studios development and benefits from established submarket infrastructure, including direct access to I-64. Additional nearby retail, dining, and hospitality amenities are noted within a short drive, including Chesterfield Commons and St. Louis Premium Outlets.
For tenants and buyers seeking flexible space, the divisible suite layout supports a range of professional services and office uses, while the parking count is positioned to support denser occupancy. For an investor, the existing suite range may facilitate a multi-tenant strategy within one asset. The property is available for acquisition or occupancy, with a lease option mentioned at $22.00/SF Full-Service Gross, and it is offered for sale at $5,387,400 ($150/SF).
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 | $801.6k | $22.32 |
| − Vacancy | −$217.2k | −$6.05 |
| EGI | $584.4k | $16.27 |
| − OpEx | −$146.1k | −$4.07 |
| NOI | $438.3k | $12.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chesterfield
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.640813
- Latitude
- 38.670542
