502-514 Earth City Expy
Earth City, MO 63045
Auction:8/7 - 8/9: Plaza I (Office) · Office Property For Sale

Property Tours Will be offered on Thursday, July 27th and Thursday, August 3rd between 10:00 AM to 1:00 PM local time. Please contact the listing broker to schedule. Investment Highlights *128,289 SF Class B, three-story office building *Located in the Earth City/Riverport office submarket, offers excellent access to the St. Louis Metro area *Compelling value-add opportunity Investment OverviewPlaza I is a Class B, value-add building located five miles west of St. Louis International airport. Built in 1973, the property is located in what is now called the Earth City/Riverport office market. In 2016, the building was updated with all new lobbies, common areas, restrooms, elevator cabs and conference facility. Currently, the building is being updated with all new LED lights to reduce the overall energy costs. Also, the property has a 4/1000 SF parking ratio and the ability to expand the parking to the south, which will provide a much higher parking percentage than other office competition. Plaza I is situated in the middle of the northwest counties and borders St. Charles county, one of the fastest growing areas in all of the state. The ease to get in and out of Earth City can be accessed by Highway 70, 370, and 141. The location allows excellent access to all submarkets. Please note the 2016 gross income was $885,815.77 and the income is based on the net usable SF of 128,289 (current SF of the building).