For Sale
$12,500,000

2180 Welsch Industrial Ct StSt. Louis, MO 63146

$12.5M, 82K SF, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
115
Pageview Business Center, a stabilized, net-leased industrial portfolio in St. Louis, MO, presents a compelling investment opportunity. This 100% occupied, multi-tenant property comprises three single-story buildings totaling 82,216 square feet on a 6.19-acre lot. Located at 2180 Welsch Industrial Ct, St. Louis, MO 63146, the property benefits from a prime location, less than a mile from the Page and I-270 interchange, offering excellent visibility and accessibility. The buildings, constructed in 1976 and zoned M-1, are primarily used for flex and R&D purposes, with a significant portion currently occupied by life science tenants. The property offers a substantial upside potential due to below-market rents and the opportunity to further capitalize on the growing demand for life science space in the area. The portfolio boasts a weighted average lease term of 4.3 years and a cap rate of 8.50%. With nine tenants and ample parking (2.55 spaces per 1,000 sq ft), this offering provides a strong, diversified income stream. The asking price is $12,500,000, translating to $152.04 per square foot. This represents a rare chance to acquire a well-positioned, high-occupancy industrial portfolio with significant growth potential in a thriving life science market.

Highlights

  • Life science conversion opportunity available.
  • Limited lab space despite high market demand.
  • Robust life science ecosystem and strong startup community.
  • High-visibility location with excellent access.

Property Details for 2180 Welsch Industrial Ct St

Property type
Warehouses, Specialty properties
Square Feet
82,216 SF
Year Built
1976
Buildings
3
Stories
1
Lot Size (sq. ft)
269,636 SF

Location Insight

City
St. Louis
County
St. Louis
State
Missouri
Latitude
38.7001272
Longitude
-90.4325181
2180 Welsch Industrial Ct St, St. Louis, Missouri

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2180 Welsch Industrial Ct St
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