314-584-6213
1601-1617 Manufacturers Dr, Fenton, MO for Sale
Warehouse - FOR SALE
1/10
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1601-1617 Manufacturers Dr
Fenton, MO 63026


HIGHLIGHTS

  • Located in St. Louis’ #1 submarket for small bay industrial
  • Value-add opportunity through lease-up and renewal resets with no fixed rate renewal options
  • In-place rents are 20% below market with clear mark-to-market upside
  • Building is in excellent physical condition including a new roof in 2020 with a 20 year warranty
  • Functional suite sizes and configurations to align with submarket tenant demand

OVERVIEW

Colliers is pleased to exclusively offer 1601-1617 Manufacturers Drive to qualified investors. This offering represents a rare opportunity to acquire one of the highest qualitysmall-bay industrial assets in the Fenton Industrial Park, St. Louis’ premier flex submarket. Multi-tenant small-bay industrial remains the most in-demand product type in the Fenton submarket. With in-place rents approximately 20% below market, staggered lease expirations over the next seven years, and renewal options structured at fair market value, the asset offers a gradual, low-risk mark-to-market runway over the next leasing cycle. The suite mix (mostly 4,000 SF units, plus two around 9,000 SF and one at 12,000 SF) hits the demand sweet spot, while still maintaining a manageable number of tenants. The building offers both dock-high and drive-in loading, a key differentiator that attracts and retains tenants at premium rents. The Fenton submarket maintains the lowest vacancy in the St. Louis market, with no new competitive small-bay construction underway, and is projected to experience sustained rent growth over the foreseeable future. The property has been managed to institutional standards and is in excellent physical condition, including a new TPO roof installed in 2020.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

Lighting - Fluorescent, Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

9

DRIVE INS

3

PARKING SPACES

125

LAND DETAILS

LAND ACRES

4.4

LAND SF

191,664

ZONING

IP-1 - Industrial Park

APN/PARCEL ID

27O-61-0510

ASK ABOUT THIS PROPERTY

Joseph HillColliersMore Info
314-584-6213

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Joseph HillColliersMore Info
314-584-6213

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