2180 Welsch Industrial Ct StSt. Louis, MO 63146

  • Warehouses
  • 82,216 SF
For Sale
$12,500,000 View listing

Property Details for 2180 Welsch Industrial Ct St

Year built
1976
Lot size
6.19 AC
Property size (Sq ft)
82,216 SF
Property type
Warehouses
Property subtype
Specialty properties

Description

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.

Location Insight

City
St. Louis
County
St. Louis
State
Missouri
Latitude
38.7001
Longitude
-90.4325

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