For Sale
$12,500,000

2180 Welsch Industrial Ct St St. Louis, MO 63146

$12.5M, 82K SF, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
138
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

FAQs

What type of property is this?
Warehouse - $12.5M, 82K SF, 100% Occupied
Where is the warehouse located?
The property is located at 2180 Welsch Industrial Ct St St. Louis, MO.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: Life science conversion opportunity available.; Limited lab space despite high market demand.; Robust life science ecosystem and strong startup community.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2180 Welsch Industrial Ct St
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