Sold

11520 Saint Charles Rock Road

Bridgeton MO, 63044

Price upon request


Sold

36,570 sqft

Commercial

Built in 1976

SELLER FINANCING AVAILABLE!

The Northwest Executive Centre is just off of Highway I-70 & St. Charles Rock Rd which provides great exposure and ease of access for tenants. The investment is priced at a 11.11% pro forma cap rate providing huge upside for investors.

The Northwest Executive Centre (NWEC) in Bridgeton is a 36,570 SF office building, consisting of twenty-four office suites situated on 2.2 acres. Due to the large size of the site, there is potential to add an additional building which will substantially increase the value of the property. The NWEC building has a membrane roof that was installed within the last 10 years, along with the parking lot that was re-paved around the same time period.

There are multiple value add opportunities with this property. The majority of the leases are leased at below market rates. Investors can raise lease rates over time as new tenants sign or old tenants renew.

22031999

MLS ID

February 16, 2024

Updated

Map

11520 Saint Charles Rock Road
Bridgeton MO, 63044

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

2.22 Acres


Roof

Flat


Sewer

Public Sewer

Other Property Details

Area Name

North


Taxes

$58,989


Tax Frequency

Annually


Days on Market

379


Garage

No


Parking

Parking Lot, Asphalt


Parking Total

122


View

No


County

St Louis


Water Source

Public


Pool

No


Zoning

B-3


Buyer Agency Compensation

3%

Courtesy of Salient Realty Group, LLC, Tyler Alms

Listings displaying the MARIS logo are courtesy of the participants of MO - Mid America Regional Information Systems (MARIS) Internet Data Exchange. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Adam Briggs  shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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