114 Piper Hill

St Peters, MO 63376

About this property

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 3/31/21. Novamed Surgery Center of St. Peters, LLC occupies the balance of 5697 sf of the main level and the current Lease expires 4/30/2021. 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.

Date Listed
December 17, 2020
Listing Status
A
Days On Site
31
MLS#
20084079

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
iqweb_
Sub-Type
Resale
Year
1999
Zoning
IMPROVED COMMERCIAL (C)
Square Feet
14,360
Units
0
Story(s)
2
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$1,400,000 A
14,360 SQFT

Presented By Visionary Group

Visionary Group

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(314) 336-1919

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