For Sale
$2,100,000

11116 Towne Sq St St. Louis, MO 63123

20,000 SF Class A Office, 93% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional Class A office building, located at 11116 S Towne Square in St. Louis, Missouri, presents a compelling investment opportunity. Boasting 20,000 square feet of space, this multi-tenant property commands a price of $2,100,000, or $105 per square foot. Built in 1987 and extensively renovated in 2020, the building is in excellent condition and features a desirable entrance lobby and elevator. The property sits on a one-acre lot and offers ample surface parking at a ratio of four spaces per 1,000 square feet. Currently enjoying a 93% occupancy rate, this asset benefits from a convenient location, easily accessible from Lindbergh Boulevard near the intersection of I-55 and Lindbergh. Its proximity to South County Center further enhances its appeal. The building offers flexibility in unit size and layout, catering to a variety of tenant needs. The new roof installed in 2020 ensures long-term cost efficiency. This property's strategic location near major highways, I-55 and I-270, provides excellent accessibility for employees and clients. This is a rare opportunity to acquire a well-maintained, high-occupancy office building in a thriving St. Louis location. The zip code is 63123.

Highlights

  • 20,000 square foot building
  • 1-acre site
  • Built in 1987
  • New roof installed in 2020
  • 4:1,000 parking ratio
  • Excellent access to I-55 and I-270

Property Details for 11116 Towne Sq St

Property type
Office properties
Square Feet
20,000 SF
Class
A
Year Built/Renovated
1987/2020
Lot Size (sq. ft)
43,560 SF

Location Insight

City
St. Louis
County
St Louis
State
Missouri
Latitude
38.5171543
Longitude
-90.3345802
11116 Towne Sq St, St. Louis, Missouri

FAQs

What type of property is this?
Office property - 20,000 SF Class A Office, 93% Occupancy
Where is the office property located?
The property is located at 11116 Towne Sq St St. Louis, MO.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 20,000 square foot building; 1-acre site; Built in 1987
How can I contact the broker?
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11116 Towne Sq St
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