325 Paul Ave, Saint Louis, MO for sale

Investment Overview

9% CAP Rate Investment Opportunity

Investment Highlights

• Two-building office/warehouse investment portfolio on 4.03 acres available for sale
• At 88.3% occupancy, the portfolio includes 325 Paul Ave, a 114,649 SF (93,903 SF leasable) multi-tenant office/warehouse building; and 333 Paul Ave, a 4,542 SF single-tenant office/warehouse building
• 325 Paul Ave features office and warehouse space on two levels and a garage in the lower level, 5 docks, 12 overhead doors, fully sprinklered, and multiple building entrances; new roof coating (partial, 95%) in 2024
• 333 Paul Ave features 2 oversized drive-in doors, ±0.2 acre of fenced outdoor storage, and 1,350 SF office space
• Two suites in 325 Paul Ave available for lease:
• Suite 65: 9,300 SF warehouse space
• Suite 100: 1,706 SF office space
• Zoning: M-1, Industrial District, City of Ferguson
• Parking lot replaced from 2021-2024
• Proximity to St. Louis Lambert International Airport (6 minutes), I-170 (5 minutes) and I-70 (3 minutes)
• 2025 NOI: $176,000 (9% CAP rate)