400 Shenandoah Ave - Warehouse FOR SALE


Saint Louis, MO 63104
$4,400,000 USD
314-283-9235
400 Shenandoah Ave, Saint Louis, MO for Sale
$4,400,000 USD
Warehouse - FOR SALE
1/5
null | 7.25% Cap Rate

400 Shenandoah Ave
Saint Louis, MO 63104


OVERVIEW

This investment features a long-term, national tenant at below market rates in a highly-functional building in a great St. Louis City location. It is very rare to find buildings with 24’ clear heights in St. Louis City, as many buildings in this submarket feature lower ceilings with older construction. Vacancy in this area has historically been extremely low, resulting in consistently high demand for this product. Lease rates that are at least $1- $1.50 psf below market further contribute to the attractiveness of this investment.

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

14

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.03

LAND SF

88,427

ZONING

KJ

APN/PARCEL ID

6499-00-0010-0

ASK ABOUT THIS PROPERTY

Ben FriedmanSavoy PropertiesMore Info
314-283-9235

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Ben FriedmanSavoy PropertiesMore Info
314-283-9235

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