$1,400,000

114 Piper Hill

St Peters MO, 63376

Description

This 14,360 sf brick exterior, low maintenance office building is demised with floor plans for medical offices, professional services, and /or general offices & is available For Sale NOW at a 8.5% cap rate! This could be an ideal investment for the owner user with a 100% leased building that offers short term income until you're prepared to occupy. Local businesses thrive in this highly desirable area that offers quick & easy access to I-70 & Hwy 370. The two Tenants are TVS Supply Chain Solutions North America, Inc that occupies the 7180 sf upper level & approx. 1,483 sf of the 1st floor & the Lease expires 6/31/21. Novamed Surgery Center of St. Peters, LLC occupies the balance of 5697 sf of the main level and the current Lease expires 4/30/2022. Both Tenants are on Full Service Leases. Price includes new roof prior to Closing. The Leases, 2019 Year End Financials, the YTD for 2020, & property tours are available to buyers that can provide a written financing prequalification letter.

Details

MLS#20084079
Listing TypeFor Sale
Sub-TypeResale
StatusPending - Show
Year1998
Days On Site79

Features

SQ Feet14,360
Story(s)2
ZoningIMPROVED COMMERCIAL (C)

Market Activity 63376

Loading Form
Loading Form
Area Information
StateMO
CountySt Charles
CitySt Peters
Zip Code63376
AreaFort Zumwalt East
Listing VS Median (in 63376)
Price:
$1,400,000
low | high
Med:
$227,944
100% of Average
SqFt:
14,360
low | high
Med:
1,259
100% of Average
$ / SqFt:
$97
low | high
Med:
$181
35.72853247671% of Average
On Site:
79
low | high
Med:
30.500000
100% of Average
Sourced by Back At You
Listing Updated: March 5, 2021 8:01:11 PM PST
Scott Sacco LogoMLS Number: 20084079
Listing Provided By:
Scott Sacco  of  Keller Williams Realty West
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the St. Louis Association of REALTORS.