Industrial Asset with Outdoor Storage

4601 Crossroads Industrial Dr Bridgeton, MO 63044

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Single-tenant industrial asset with long-term tenant and outdoor storage.

Type:Industrial, Land
Property size:
21,852 SF
Lot size:
12.32 Acres
Price / SF:
$240/SF
Added:
Oct 8, 2024
Days on Market:
644
Last Refresh:
May 12 at 8:53 pm

Property Features for 4601 Crossroads Industrial Dr

General Information

Standard status
Active
Size
21,852 SF
Lot size
12.32 Acres
Property subtype
Industrial, Land

Listing office Bahn Realty Commercial Real Estate Services

Listing date Oct 8, 2024

Source Crexi

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 Bahn Realty Commercial Real Estate Services


Investment Insights

Based on property information with market context.

This offering presents a rare opportunity to acquire a single-tenant industrial asset under a NNN lease. The property includes a 21,852 square foot warehouse and office building situated on 12.32 acres, featuring Industrial Outdoor Storage (IOS). The tenant, a trailer/tractor repair and trailer parking services company, has operated at this location for over 20 years. The property is located in the Bridgton/Earth City transportation and industrial hub, providing convenient access to Highways 70, 270, and 370. The property at 4601 - 4605 Crossroads Industrial Dr includes a 21,852 square foot warehouse/office building on 9.41 acres, with fenced and gated acreage behind the building suitable for trailer parking. The warehouse features 10 service bays for trailer repair and multiple storage rooms. The office area includes a large reception area, a conference room, multiple offices, a kitchenette/break room, storage space, and bathrooms. Additionally, 4608 Crossroads Industrial Dr consists of a 2.91-acre graveled lot used for trailer parking. The single tenant operates both properties under the same NNN lease terms.

Key Highlights

  • Long‑term NNN leased investment with single tenant operating for 20+ years.
  • Two‑property offering with warehouse/office (21,852 SF) and additional trailer parking lot (2.91 acres).
  • Significant Industrial Outdoor Storage (IOS) on a total of 12.32 acres.

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 $487.7k $22.32
− Vacancy −$132.2k −$6.05
EGI $355.6k $16.27
− OpEx −$88.9k −$4.07
NOI $266.7k $12.20
21,852 SF · lease $22.32/SF/yr · vacancy 27.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.81M
$3.33M – $4.44M (±1% cap)
NOI $266,670 @ 7.0% cap · market cap 5.08%
Second Best
Warehouse
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,188 @ 7.0% cap · market cap 2.00%
Theoretical Best
Office A
$4.69M
$4.10M – $5.47M (±1% cap)
NOI $328,288 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Bakery Butcher Dental Office Grocery & Convenience Store Furniture & Home Goods Pet Store Pet Store & Service Restaurant Carpet & Flooring Store Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • St. Louis Cold Storage — 264 Boulder Industrial Dr, Bridgeton, MO 63044
  • Gateway Cold Storage — 245 Boulder Industrial Dr, Bridgeton, MO 63044
  • U Lok & Stor Inc — 13789 St Charles Rock Rd, Bridgeton, MO 63044
  • UNITS Moving and Portable Storage of St. Louis — 4347 Green Ash Dr, Earth City, MO 63045
  • Dodge Moving & Storage — 13390 Lakefront Dr, Earth City, MO 63045

FAQs

What type of property is this?
Warehouse - Single-tenant industrial asset with long-term tenant and outdoor storage.
Where is this warehouse located?
The property is located at 4601 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: Long‑term NNN leased investment with single tenant operating for 20+ years.; Two‑property offering with **warehouse/office (21,852 SF)** and additional trailer parking lot (2.91 acres).; Significant Industrial Outdoor Storage (IOS) on a total of 12.32 acres.
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