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618 Cepi 618 Cepi Dr 15,000 SF 13% Leased Office Building Chesterfield, MO 63005 $2,100,000 ($140/SF) 8.42% Cap Rate

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Executive Summary

Fully Leased Property with Owner User Opportunity.
(Tenant that occupies half the building is on a 90 day rolling notice but is open to doing longer lease if needed.)
Current Owner has invested a significant amount of money to remodel half of the building and on exterior updates.
New Roof & Gutters 2024 - New HVAC units for over half the building - Monument Sign - Landscaping - Concrete Walkways and Patio

Attachments

618 Cepi - Sale

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
15,000 SF
Building Class
B
Year Built/Renovated
1988/2024
Price
$2,100,000
Price Per SF
$140
Cap Rate
8.42%
NOI
$176,730
Percent Leased
13%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,000 SF
Building FAR
0.34
Lot Size
1.00 AC
Zoning
M3
Parking
58 Spaces (3.87 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Avanta Medical
  • Professional, Scientific, and Technical Services
  • 1,635 SF
  • $17.61
  • Full Service
  • -
  • Cloud 5 Communications
  • Professional, Scientific, and Technical Services
  • 7,500 SF
  • $16.80
  • Modified Gross
  • -
  • Excelsior Family Chiropractic
  • -
  • 2,637 SF
  • $18.00
  • Full Service
  • Aug 2028
  • Solaray, LLC
  • Retailer
  • 1,690 SF
  • $19.00
  • Full Service
  • -
  • Finance and Insurance
  • 1,363 SF
  • $17.00
  • Full Service
  • Jan 2028

State Farm is a major U.S.-based insurance and financial services provider founded in 1922. The company operates as a mutual organization, offering a wide range of products including auto, home, renters, life, and business insurance, as well as banking and investment services. State Farm is recognized for its extensive network of agents and customer-focused approach, serving millions of policyholders nationwide. The company also provides financial planning and retirement solutions, complementing its core insurance offerings. Headquartered in Bloomington, Illinois, State Farm maintains a strong presence across the United States through local offices and licensed agents.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Avanta Medical Professional, Scientific, and Technical Services 1,635 SF $17.61 Full Service -
Cloud 5 Communications Professional, Scientific, and Technical Services 7,500 SF $16.80 Modified Gross -
Excelsior Family Chiropractic - 2,637 SF $18.00 Full Service Aug 2028
Solaray, LLC Retailer 1,690 SF $19.00 Full Service -
Finance and Insurance 1,363 SF $17.00 Full Service Jan 2028

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste A
  • 7,500 SF
  • Office
  • Full Build-Out
  • Now

Excellent Space - 5600sf of Office and 1900sf of warehouse that can be converted into additional office or work space. .

  • 1st Fl-Ste A-1
  • 5,610 SF
  • Office
  • Full Build-Out
  • Now

Great Suite in Chesterfield Valley - Quiet office park with great access to 40/64 - 5 minutes to Spirit of Saint Louis Airport - Monument and Building Signage available - additional space available if needed.

Space Size Space Use Condition Available
1st Fl-Ste A 7,500 SF Office Full Build-Out Now
1st Fl-Ste A-1 5,610 SF Office Full Build-Out Now

1st Fl-Ste A

Size
7,500 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste A-1

Size
5,610 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste A

Size 7,500 SF
Space Use Office
Condition Full Build-Out
Available Now

Excellent Space - 5600sf of Office and 1900sf of warehouse that can be converted into additional office or work space. .

1st Fl-Ste A-1

Size 5,610 SF
Space Use Office
Condition Full Build-Out
Available Now

Great Suite in Chesterfield Valley - Quiet office park with great access to 40/64 - 5 minutes to Spirit of Saint Louis Airport - Monument and Building Signage available - additional space available if needed.

Property Taxes

Property Taxes

Parcel Number
17V-33-0111
Land Assessment
$139,390
Improvements Assessment
$315,710
Total Assessment
$455,100
  • Listing ID: 36750179

  • Date on Market: 7/16/2025

  • Last Updated:

  • Address: 618 Cepi Dr, Chesterfield, MO 63005

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