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618 Cepi 618 Cepi Dr 15,000 SF Vacant Office Building Chesterfield, MO 63005 $2,025,000 ($135/SF) 8.73% Cap Rate



Executive Summary
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
Property Facts
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
- -
State Farm began in 1922 when G.J. Mecherle founded the business in central Illinois as an auto insurance company built around fairness for farmers and other drivers. The company has since grown into a mutual insurer that offers auto, home, renters, life, health, and business coverage, along with financial services and claims support. State Farm’s public materials describe a long-running focus on helping customers manage everyday risks, recover from unexpected events, and plan for the future. Recent company reporting also shows a broad market presence across insurance and related services, with a wide network of agent offices serving millions of policies and accounts.
| 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
- Build-Out
- Available
Excellent Space - 5600sf of Office and 1900sf of warehouse that can be converted into additional office or work space. .
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste A | 3,500-7,500 SF | Office | Full Build-Out | Now |
1st Fl-Ste A
| Size |
| 3,500-7,500 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste A
| Size | 3,500-7,500 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Excellent Space - 5600sf of Office and 1900sf of warehouse that can be converted into additional office or work space. .
Property Taxes
| Parcel Number | 17V-33-0111 | Improvements Assessment | $315,710 |
| Land Assessment | $139,390 | Total Assessment | $455,100 |
Property Taxes
Presented by
618 Cepi | 618 Cepi Dr
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