For Sale
$5,500,000

1402 Veterans Memorial Pkwy Truesdale, MO 63380

115,000 SF Warehouse, $5.5M

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 115,000-square-foot industrial property, located at 1402 E Veterans Memorial Pkwy in Truesdale, Missouri, presents a significant investment opportunity. Built circa 1980 and extensively renovated in 2024, this Class B building boasts a spacious layout featuring 60' x 25' column spacing and 60' wide crane bays, equipped with seven bridge cranes. The high ceilings, ranging from 22' to 26', accommodate various industrial needs. The property includes four dock-high doors and three drive-in doors, with potential for expansion. A comprehensive wet sprinkler fire suppression system and LED lighting enhance safety and efficiency. The roof was completely replaced in Q4 2022. The 10-acre lot also includes an outside storage yard, adding to its versatility. A substantial 6,480-square-foot office space (3,240 square feet on each of two levels) is included. The property benefits from a 480/277v, 2,000 amp, 3-phase power supply and electrical bus duct in the crane bays. Its strategic location within 1.5 miles of I-70 in rapidly growing Warren County, Missouri (zip code 63380), offers excellent visibility from the interstate. Further enhancing its appeal, the property is situated within an Enhanced Enterprise Zone (EEZ) and Opportunity Zone, potentially qualifying for Chapter 100 or 353 real and/or personal property tax abatements. The asking price is $5,500,000 ($49.83/SF), with a potential lease rate of $4.95/SF NNN. Approximately 15.5 additional acres of adjacent land are also available for purchase.

Highlights

  • 115,000 SF industrial building, built circa 1980, extensively renovated in 2024.
  • 6,480 SF office space (3,240 SF per floor).
  • ±10-acre lot with ±15.5 adjacent acres available.
  • 480/277v, 2,000 amp, 3-phase power; electrical bus duct in crane bays.
  • Seven bridge cranes; 60' x 25' column spacing; 60' wide crane bays.
  • 22'-26' clear ceiling height; four dock-high doors; three drive-in doors.

Property Details for 1402 Veterans Memorial Pkwy

Property type
Warehouses, Industrial properties
Square Feet
115,000 SF
Class
B
Year Renovated
2024
Lot Size (sq. ft)
1,110,780 SF

Location Insight

City
Truesdale
County
Warren
State
Missouri
Latitude
38.81645665
Longitude
-91.12844385

FAQs

What type of property is this?
Warehouse - 115,000 SF Warehouse, $5.5M
Where is the warehouse located?
The property is located at 1402 Veterans Memorial Pkwy Truesdale, MO.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 115,000 SF industrial building, built circa 1980, extensively renovated in 2024.; 6,480 SF office space (3,240 SF per floor).; ±10-acre lot with ±15.5 adjacent acres available.
How can I contact the broker?
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1402 Veterans Memorial Pkwy
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