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3 Industrial Ln 11,950 SF Industrial Building Florissant, MO 63031 $975,000 ($81.59/SF) 7.97% Cap Rate
EXECUTIVE SUMMARY
2022 –
New Roof Coating on Metal Roof
New Sprinkler System
New Offices (1000+/-Sq.Ft) including kitchenette and 2 bathrooms, 1 with shower
2024-
Leased
Avg. Rent @ $7.16 psf NNN
Personal Guarantee executed
Expiration June 1st 2029
Final year lease rate is at $7.43 psf NNN
2-3 year options w/ 90 day notice at “Fair Market Value”
Tenant improvements include addition of 3 phase electricity, elec. Box and distribution, LED lighting
New Roof Coating on Metal Roof
New Sprinkler System
New Offices (1000+/-Sq.Ft) including kitchenette and 2 bathrooms, 1 with shower
2024-
Leased
Avg. Rent @ $7.16 psf NNN
Personal Guarantee executed
Expiration June 1st 2029
Final year lease rate is at $7.43 psf NNN
2-3 year options w/ 90 day notice at “Fair Market Value”
Tenant improvements include addition of 3 phase electricity, elec. Box and distribution, LED lighting
PROPERTY FACTS
UTILITIES
- Lighting
- Water
- Sewer
1 1
PROPERTY TAXES
| Parcel Number | 08K-22-0084 | Improvements Assessment | $129,220 |
| Land Assessment | $56,030 | Total Assessment | $185,250 |
PROPERTY TAXES
Parcel Number
08K-22-0084
Land Assessment
$56,030
Improvements Assessment
$129,220
Total Assessment
$185,250
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Peter Pfeifer
3 Industrial Ln
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