2342 Technology DrO'Fallon, MO 63368

Property Details for 2342 Technology Dr

Year built

2007

Lot size

5.18 AC

Property size (Sq ft)

75,270 SF

Property type

Office buildings

APN

4-0036-A551-00-001A.0000000

APU

40036A55100001A0000000

Description

This exceptional Class A executive office space at 2342 Technology Drive in O'Fallon, Missouri, offers a prime location within St. Charles County. The building boasts a total of 72,381 square feet, with multiple tenancy options available. Currently, there are 16,838 square feet of vacant space, divisible into units ranging from a minimum of 7,206 square feet to a maximum contiguous space of 9,632 square feet. The property benefits from a convenient 5 parking spaces per 1,000 square feet ratio. Its strategic location places it near the regional headquarters of major corporations like Citi and Mastercard, providing excellent visibility and access to a strong workforce. The surrounding area offers a wealth of retail and restaurant amenities, enhancing convenience for employees and clients. The building also provides the opportunity for prominent building signage, further increasing visibility and brand recognition. Turn-key build-outs are available, minimizing the time and expense associated with tenant improvements, allowing for a quick and efficient move-in. The property's address is 2342 Technology Drive, O'Fallon, MO 63368. This is an unparalleled opportunity to secure high-quality office space in a thriving business environment.

• CAP approach

  CAP return

  Valuation

  6%

  $18,573,710

  6.5%

  $17,144,962

  7%

  $15,920,323

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,868,049

  Geo Method

  $5,868,049

• Alternative Use

  Use

  Valuation

  Residential

  $21,259,754

  Hospitality

  $19,473,820

  Educational

  $16,201,990

  Medical

  $16,759,201

  Retail

  $25,203,096

Location Insight

City

O Fallon

County

St. Charles

State

Missouri

Latitude

38.7535

Longitude

-90.7539

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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