11520 Saint Charles Rock Road

Bridgeton, MO, 63044

$1,775,000

$48 per ft²
$1,775,000
$48 per ft²
Active
Active
 - For Sale
carpenters-square
36,570 ft²
property_type
Commercial
calendar
Built 1976
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 10.26% 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-three 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.
MLS® ID:
22031999
Updated:
10/3/22
Sotheby's International Realty
Samuel Hall

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Electric
Heating
Forced Air

Exterior/Building Features

Lot Size
2.22 acres lot
Roof
Flat
Sewer
Public Sewer

Other Property Details

Area Name
North
Taxes
$58989
Tax Frequency
per YEAR
Garage
No
Parking
Parking Lot, Asphalt
Parking Total
122.0
View
N
County
St Louis
Utilities
Electricity Available, Gas to Site, Water Available, Sewer Available
Water Source
Public
Pool
No
Zoning
B-3

Courtesy of Salient Realty Group, LLC

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Sotheby's International Realty
Samuel Hall
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