Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1976
Sq.Footage
36,570
SELLER FINANCING AVAILABLE! The Northwest Executive Centre is just off of Highway I-70 & St. Charles Rock Rd which provides great exposure and ease of access for tenants. The investment is priced at a 11.11% pro forma cap rate providing huge upside for investors. The Northwest Executive Centre (NWEC) in Bridgeton is a 36,570 SF office building, consisting of twenty-four office suites situated on 2.2 acres. Due to the large size of the site, there is potential to add an additional building which will substantially increase the value of the property. The NWEC building has a membrane roof that was installed within the last 10 years, along with the parking lot that was re-paved around the same time period. There are multiple value add opportunities with this property. The majority of the leases are leased at below market rates. Investors can raise lease rates over time as new tenants sign or old tenants renew. Location: Hwy/Interstate Frntg
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
36570.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Other
-
Parking
Open, Parking Lot, Paved, Asphalt
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Sprinklers In Front, Sprinklers In Rear
-
Lot Size(acres)
2.22
-
Property Type
Commercial Sale
-
Property Sub Type
Unimproved Land
Price
-
Sales Price
$1,775,000
-
Tax Amount
$58,989
-
Sq. Footage
36, 570
-
Price/SqFt
$48
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
St. Louis-MO
Elementary School
Middle School
High School
Listing Courtesy of Tyler Alms , Salient Realty Group, LLC
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FOUNDER
Colleen Brown
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