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Sunset Place 3870 S Lindbergh Blvd 38,585 SF 100% Leased Office Building Saint Louis, MO 63127 $5,230,000 ($135.54/SF) 9% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 7.2 YEARS OF WALT WITH WELL CAPITALIZED & ENTRENCHED TENANTS
  • ACCESS ORIENTED LOCATION NEAR WALKABLE AMENITIES
  • COMMITTED ANCHOR TENANT THAT RECENTLY RENEWED FOR 10 YEARS

EXECUTIVE SUMMARY

Cushman & Wakefield, Inc. (“C&W”) has been retained by Ownership as exclusive agent & advisor to offer for sale to qualified investors the 100% fee simple interest in Sunset Place (The Property”), located at 3870 South Lindbergh Boulevard, Saint Louis, MO 63127.
The subject property contains approximately 38,585 SF of Class A office space located in the amenity rich Sunset Hill’s neighborhood. Built in 2005, the building boasts 2 floors of Class A office space situated in a four-building complex collectively known as Sunset Place. The building is located on Lindbergh Blvd. near the intersection of Interstates 44 and 270, two of St. Louis’s most heavily trafficked thoroughfares. Tenants have walking access to numerous amenities including restaurants, retail centers, banks, and more.
The building is 100% occupied by five tenants with a collective WALT of 7.2 years. The anchor tenant is the Mississippi Lime Company, who occupies 65% of NRA and just signed a ten-year extension & expansion through 2034. All five tenants are headquartered in the St. Louis metro. The tenant’s deep roots in St. Louis indicate long term commitment to both the region and the asset. This offering presents qualified buyers with an opportunity to purchase a Class A building with stable cash flows and committed tenants.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
38,585 SF
Building Class
B
Year Built
2005
Price
$5,230,000
Price Per SF
$135.54
Cap Rate
9%
NOI
$470,700
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
19,263 SF
Building FAR
0.27
Lot Size
3.34 AC
Zoning
101R-2

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Manufacturing
  • -
  • -
  • Jan 0000

Our Company has its origins as the Mississippi Sand Company in Alton, Illinois. Harry B. Mathews, Jr. founded Mississippi Lime in 1907. By 1912 the company had grown into both an aggregates and lime business. Looking to expand his lime base, the Company purchased its first property in Ste. Genevieve County, Missouri in the 1920’s, opening a limestone quarry and building four vertical kilns. By the end of the decade, seven more vertical kilns were built. 1930-40s During the 1930’s and 1940’s, Mississippi Lime Company expanded further by acquiring Western Lime Company and the Peerless & Ste. Genevieve Lime Company. Mississippi Lime also began expanding its own operation by constructing rotary kilns. 1950s

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Manufacturing - - Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26M-51-0082
Land Assessment
$409,570
Improvements Assessment
$1,087,710
Total Assessment
$1,497,280
  • Listing ID: 36557672

  • Date on Market: 7/1/2025

  • Last Updated:

  • Address: 3870 S Lindbergh Blvd, Saint Louis, MO 63127

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