Property for Sale: 11520 Saint Charles Rock Road, Bridgeton, MO 63044 SOLD

36,570 sqft
$1,750,000
$1,750,000
11520 Saint Charles Rock Road, Bridgeton, MO 63044 SOLD
36,570 sqft
$1,750,000
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Selling Price: $1,750,000
Original List Price: $1,775,000
Sold at 98.6% of list price
Sold Date: 05/31/2023

Type Commercial
Total Living Area 36,570 sqft
Lot Size 2.22 acres
Year Built 1976
Taxes Paid $58,989

City Bridgeton
Area North
County St Louis
Subdivision Quisinberry Estate

MLS 22031999
Status Closed
DOM 379 days
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.

Room Features

Misc Description Exterior Lighting, Smoke Alarm/Detec, Sprinkler System

Lot & Building Features

Construction Other
Cooling Electric
Heating Forced Air
Parking Description Asphalt, Parking Lot
Sewer Public Sewer
Tax Year 2021
Water Public
Lot Dimensions 0277 / 0277 - 0344 / 0353 ft

Price History of 11520 Saint Charles Rock Road, Bridgeton, MO

Date Name Price Difference
05/18/2022 Listing Price $1,750,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 11520 Saint Charles Rock Road, Bridgeton, MO

Location Map Street View
Photo of Cassandra Whited
Direct: 636-322-8258
Office
950 Caledonia Dr.
O'Fallon, MO 63368
636-720-1100
Listed by Salient Realty Group, LLC, Tyler Alms
Sold by Salient Realty Group, LLC, Tyler Alms
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20%
3.3708%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Salient Realty Group, LLC

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