2180 Welsch Industrial Ct St St. Louis, MO 63146
- Warehouses
- 82,216 SF
- 6.19 lot acres
Current Use by Public Records
- Warehouses
Property Details for 2180 Welsch Industrial Ct St
- Year built
- 1976
- Lot size
- 6.19 lot acres
- Property size
- 82,216 SF
- Property type
- Warehouses
- Property subtype
- Specialty properties
Description
Pageview Business Center, a stabilized, net-leased industrial portfolio in St. Louis, MO, presents a compelling investment opportunity. This 100% occupied, multi-tenant property comprises three single-story buildings totaling 82,216 square feet on a 6.19-acre lot. Located at 2180 Welsch Industrial Ct, St. Louis, MO 63146, the property benefits from a prime location, less than a mile from the Page and I-270 interchange, offering excellent visibility and accessibility. The buildings, constructed in 1976 and zoned M-1, are primarily used for flex and R&D purposes, with a significant portion currently occupied by life science tenants. The property offers a substantial upside potential due to below-market rents and the opportunity to further capitalize on the growing demand for life science space in the area. The portfolio boasts a weighted average lease term of 4.3 years and a cap rate of 8.50%. With nine tenants and ample parking (2.55 spaces per 1,000 sq ft), this offering provides a strong, diversified income stream. The asking price is $12,500,000, translating to $152.04 per square foot. This represents a rare chance to acquire a well-positioned, high-occupancy industrial portfolio with significant growth potential in a thriving life science market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.4325
- Latitude
- 38.7001
