312-224-3196
, Des Peres, MO for Sale
Office - FOR SALE
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Corporate Hill Office Campus
Des Peres, MO


HIGHLIGHTS

  • First basis reset in submarket enhances leasing competitiveness
  • ±65% LTV seller financing available with fixed or floating rate
  • 32 tenants across 10 industries ensure diversified income
  • Located at high-visibility I-270/Highway 100 interchange
  • 4,950 SF average suite size aligns with current tenant demand
  • Surrounded by retail, hospitality, and affluent residential demographics

OVERVIEW

Corporate Hill I–III presents a rare opportunity to acquire a premier Class A office portfolio in the heart of Des Peres, Missouri. Comprising three institutional-quality buildings totaling 289,380 square feet, the property is strategically positioned at the I-270 and Highway 100 interchange, offering unmatched visibility and access. With a current occupancy of 73.5%, the asset provides significant upside through lease-up potential, supported by a strong tenant mix spanning ten industries and a weighted average lease term of 3.3 years. The buildings have undergone extensive renovations between 1993 and 2014, and feature a parking ratio of 3.4 per 1,000 SF. The average suite size of 4,950 SF aligns with market demand for small to mid-sized tenants, a segment that has dominated leasing activity in the area for the past five years. The surrounding neighborhood boasts robust demographics, with a 1-mile radius median household income of $182,798 and proximity to restaurants, hotels, and retail centers. This offering marks the first basis reset among its competitive set post-pandemic, enabling new ownership to offer more attractive lease terms and concessions. Financing options are available through NLG Capital, with preliminary terms of ±65% LTV and flexible rate structures. With strong cash flow from a diverse tenant base and a location that supports long-term growth, Corporate Hill I–III is positioned as a compelling value-add investment.

ASK ABOUT THIS PROPERTY

Derek FohlNewmarkMore Info
312-224-3196

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Derek FohlNewmarkMore Info
312-224-3196

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