373 Marshall Ave
Saint Louis, MO 63119
ICL North America, Inc. · Office Property For Sale
Property Facts
About 373 MARSHALL AVE , SAINT LOUIS, MO 63119
Marcus & Millichap is pleased to present the opportunity to acquire 373 Marshall Avenue in St. Louis, Missouri. The subject property consists of approximately 26,894 square feet of Research and Development space and is situated on approximately 3.93 acres of land. Built in 2005/2016, the subject property is in close proximity to Interstate 64 to the north and Interstate 44 to the south. Tenant ICL North America, Inc signed a new 15-year absolute net lease in 2017 and has been at this location since 2004. ICL expanded the facility in 2016 by doubling the square footage of the facility to include an expanded bakery pilot plant, a test kitchen, a protein synergies lab, sensory evaluation facilities, and new advanced technology for dairy, beverage and meat processing applications. Total spent on expansion was $7.845 million by the property ownership entity and over $1.75 million by the tenant for new equipment, showing a high commitment to the site. CONTACT AGENT: Tyler Sharp, 312-327-5446, Tyler.Sharp@marcusmillichap.com CONTACT AGENT: Adam Abushagur, 972-755-5223, Adam.Abushagur@marcusmillichap.com Brad Barham Missouri Broker of Record Downtown Chicago Office Tel: 312-327-5400 Fax: 312-327-5410 Brad.Barham@marcusmillichap.com License: MO 2013016939
Property Taxes
| Parcel Number | 21K-31-0506 | Improvements Assessment | $768,420 |
| Land Assessment | $257,920 | Total Assessment | $1,026,340 |
Property Taxes
