This fully leased, 33,817-square-foot multi-tenant industrial building sits on 3.17 acres and offers an annual net operating income (NOI) of $249,450 with a competitive sale price of $3,695,000. Located in Lake Saint Louis, a thriving city known for its business-friendly environment, the property is strategically positioned near major transportation hubs, including Interstates 70 and 64, and is just a 30-minute drive from Lambert-St. Louis International Airport.
The property benefits from its location in a community with a high quality of life, featuring private lakes, parks, golf courses, and shopping centers that support a stable workforce. Currently 100% occupied with below-market rental rates, the building presents opportunities for revenue growth through future lease adjustments.
With its excellent financial performance, strong demand for industrial space, and proximity to key amenities, this property represents a stable, income-producing investment in a growing economic region. For more details or to request the offering memorandum, contact the listing broker.