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Executive Summary

Owner User Opportunity with 50% of the building available.
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
$2,025,000
Price Per SF
$135
Cap Rate
8.73%
NOI
$176,730
Percent Leased
Vacant
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 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
  • 1st Fl-Ste A
  • 3,500-7,500 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. .

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. .

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

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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