11116 Towne Sq St St. Louis, MO 63123
- Office Properties & Spaces
- 20,000 SF
- 1.00 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 11116 Towne Sq St
- Year built
- 1987
- Lot size
- 1.00 lot acres
- Property size
- 20,000 SF
- Property type
- Office Properties & Spaces
Description
This exceptional Class A office building, located at 11116 S Towne Square in St. Louis, Missouri, presents a compelling investment opportunity. Boasting 20,000 square feet of space, this multi-tenant property commands a price of $2,100,000, or $105 per square foot. Built in 1987 and extensively renovated in 2020, the building is in excellent condition and features a desirable entrance lobby and elevator. The property sits on a one-acre lot and offers ample surface parking at a ratio of four spaces per 1,000 square feet. Currently enjoying a 93% occupancy rate, this asset benefits from a convenient location, easily accessible from Lindbergh Boulevard near the intersection of I-55 and Lindbergh. Its proximity to South County Center further enhances its appeal. The building offers flexibility in unit size and layout, catering to a variety of tenant needs. The new roof installed in 2020 ensures long-term cost efficiency. This property's strategic location near major highways, I-55 and I-270, provides excellent accessibility for employees and clients. This is a rare opportunity to acquire a well-maintained, high-occupancy office building in a thriving St. Louis location. The zip code is 63123.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Louis
- County
- St Louis
- State
- Missouri
- Longitude
- -90.3346
- Latitude
- 38.5172
