18333 Wings Corporate Dr Chesterfield, MO 63005-4036
- Retail space
- 16,819 SF
- 1.31 lot acres
Current Use by Public Records
- Retail space
Property Details for 18333 Wings Corporate Dr
- Year built
- 2009
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.31 lot acres
- Property size
- 16,819 SF
- Zone code
- 105PI
- Property type
- Retail space
- APN
- 17W-1-2-007-6
- APU
- 17W120076
Description
This exceptional investment opportunity presents a single-tenant, Class A office building located at 18333-18341 Wings Corporate Drive, Chesterfield, MO 63005. The 9,960 square foot building, constructed in 2014, sits on a 2.91-acre lot and includes an adjacent 1.56-acre parcel. The property boasts a 10-year absolute NNN lease commencing January 1, 2025, and expiring December 31, 2034, with a 7.50% cap rate and a current NOI of $184,260. The lease features a corporate guarantee from a nationally recognized general contractor with a 40+ year history of success. Rent increases by 10% every five years, providing significant long-term value appreciation. The building is a single-story, tilt-up construction, offering low maintenance and operational costs. This sale-leaseback transaction offers a secure, passive income stream with minimal landlord responsibilities. The property's prime location in Chesterfield, Missouri, ensures strong tenant occupancy and future growth potential. Two lease options are included. This is a rare opportunity to acquire a high-quality, income-producing asset backed by a strong corporate tenant.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $655,000
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Location Insight
- Map
- Local Demand
- City
- Chesterfield
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.6697
- Latitude
- 38.6623
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
