The Kirkwood Office Center presents a compelling opportunity for both owner-users and investors seeking a well-positioned suburban office asset in the heart of Kirkwood, Missouri. Situated on a 2.09-acre site with 152 parking spaces and immediate access to I-270 via Big Bend Road, this 3-story, 43,670-square-foot building offers a blend of stability and upside potential.
Originally built in 1972 and extensively renovated in 2000, the property features updated lobbies, hallways, and typical office finishes that appeal to modern professional tenants. The building is located in a quiet, low-congestion neighborhood, enhancing its appeal for businesses seeking a calm yet connected environment. With up to 12,696 square feet available for an owner-user, the asset also supports partial occupancy while generating income from a diverse tenant mix.
The current rent roll includes counseling services, marketing firms, tech repair, and professional offices, with a pro-forma net operating income of $417,589 and an 8.75% cap rate. The building’s layout includes suites ranging from 423 to 4,079 square feet, offering flexibility for future leasing strategies.