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Seven Story Office Building
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4030 Chouteau St., Saint Louis, MO 63110

37,500± Sq. Ft. office building in The Grove neighborhood.

Property Size37,500 SF
Days on Market2196

Property Features for 4030 Chouteau St.

General Information

Standard status Active
Size 37,500 SF
Property subtype Office
Listing Agency: Hilliker Corporation
Listed By: H. Meade Summers · License #MO 1999022591
Source: Crexi
Added: Jul 27, 2020 Changed: Jul 6 Last Checked: Jul 30 at 2:17PM

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 Hilliker Corporation

Investment Insights

Based on property information with market context.

This is a 37,500± square foot, seven-story office building centrally located in The Grove neighborhood, between Highway 40 and Highway 44 at Manchester and Chouteau. The property offers plentiful free parking. The surrounding neighborhood is undergoing restoration, with new streets, sidewalks, lighting, and restaurants planned. The building offers build-to-suit options. Currently, 7,500 square feet of space is available on the second floor.

Key Highlights

  • Plentiful free parking
  • Centrally located between Highway 40 and Highway 44
  • Located in The Grove Neighborhood

Property Analytics

Current Use

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

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Parts Store Auto Repair Shop Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.21 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,631
Businesses Nearby

Demographics for 63110, MO

18,199
Population
10,260
Households
1.8
Avg Household Size
33
Median Age
64%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
2,757
Density / Sq Mi
$73,809
Median Household Income
$55,340
Median Earnings
$1,183
Median Rent
$314,600
Median Home Value

Market

Lease Benchmarks for Saint Louis, MO

$19.73 /SF/Yr
Avg Asking Price
$12–$28.5 /SF/Yr
Price Range
45,835 SF
Avg Space Size

This space is priced 25% below the average of $19.73 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 37,500± Sq. Ft. office building in The Grove neighborhood.
Where is this office building located?
The property is located at 4030 Chouteau St. Saint Louis, MO.
What is the lease rate?
The lease rate is $14.75 SF/Yr.
What are key features of this property?
This property features: Plentiful free parking; Centrally located between Highway 40 and Highway 44; Located in The Grove Neighborhood
More about this property
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