1402 E Veterans Memorial Pky - Manufacturing FOR SALE


Truesdale, MO 63380
$6,962,600 USD
636-949-9797
1402 E Veterans Memorial Pky, Truesdale, MO for Sale
$6,962,600 USD
Manufacturing - FOR SALE
1/31
null | 7.35% Cap Rate

1402 E Veterans Memorial Pky
Truesdale, MO 63380


OVERVIEW

Attractive Yield & Basis – Offered at $6,962,600 ($60.54/SF) with a 7.35% cap rate, providing strong in-place cash flow at a compelling basis. Single-Tenant Net-Leased Investment – 115,000 SF office/warehouse/manufacturing facility leased to Sunspace Modular Enclosures, Inc. under a 7-year lease that commenced September 1, 2025. Mission-Critical Industrial Facility – Well-equipped industrial/manufacturing asset featuring 22’–26’ clear heights, 7 bridge cranes, 480/277V 3-phase power (2,000 amp), 4 dock-high doors, 3 drive-in doors, and ESFR sprinkler system. Significant Recent Capital Improvements – Roof replaced in Q4 2022 (warranty through December 2028) plus extensive 2024 upgrades including new asphalt parking lot, exterior metal skin, LED lighting, fiber optic service, and security system. Strategic I-70 Location – Prominent visibility and immediate access just one mile east of the I-70 / Highway 47 interchange, positioned within a high-growth logistics and manufacturing corridor. Expansion & Incentive Upside – Situated on 11.88 acres with an additional ±13.6 acres available for expansion. Located within an Enhanced Enterprise Zone and Opportunity Zone with potential Chapter 100 or 353 tax abatement benefits. This offering presents a stabilized, cash-flowing industrial investment in one of the fastest-growing submarkets west of St. Charles County, combining durable tenancy, strong real estate fundamentals, and long-term growth potential.

FOR SALE DETAILS

PRICE

$6,962,600 USD

PRICE/SF

$61 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

26 Ft

DOCKS

4

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.88

LAND SF

517,493

ZONING

-

APN/PARCEL ID

05-22.0-3-00-016.000.000

ASK ABOUT THIS PROPERTY

Joe SchneiderSchneider Commercial PartnersMore Info
636-949-9797

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Joe SchneiderSchneider Commercial PartnersMore Info
636-949-9797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.