Woodlands Plaza III | 2043 Woodland Pky
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Woodlands Plaza III 2043 Woodland Pky
62,805 SF 92% Leased Office Building Saint Louis, MO 63146 $8,950,000 ($143/SF) 8% Cap Rate
Investment Highlights
- Excellent physical condition including significant interior/exterior renovations in 2023
- Centrally located in desirable area with excellent highway access to I-270
- Multi-tenant design with ±21,000 SF floor plates
- Top-of-building and monument signage opportunities available
- Stabilized investment opportunity
Executive Summary
JLL is pleased to offer the fee simple interest in this newly renovated 3-story approximately 63,000 SF Westport
office building located at 2043 Woodland Parkway, St. Louis, MO 63146.
Stabilized investment opportunity with 92% occupancy yielding an 8% cap rate. 1 vacancy remaining. +$5million in 2023 renovation costs.
office building located at 2043 Woodland Parkway, St. Louis, MO 63146.
Stabilized investment opportunity with 92% occupancy yielding an 8% cap rate. 1 vacancy remaining. +$5million in 2023 renovation costs.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
62,805 SF
Building Class
B
Year Built/Renovated
1984/2023
Price
$8,950,000
Price Per SF
$143
Cap Rate
8%
NOI
$716,000
Percent Leased
92%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
20,935 SF
Slab To Slab
9’
Building FAR
0.51
Lot Size
2.84 AC
Zoning
M1
Amenities
- 24 Hour Access
- Signage
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
• Excellent physical condition including: » 2023common area renovation » Upgraded building systems (HVAC, EMS and fiber optics)
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 205 | 2,500-5,247 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 205
| Size |
| 2,500-5,247 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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2nd Fl-Ste 205
| Size | 2,500-5,247 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
• Excellent physical condition including: » 2023common area renovation » Upgraded building systems (HVAC, EMS and fiber optics)
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PROPERTY TAXES
| Parcel Number | 15N-42-0302 | Improvements Assessment | $1,652,480 |
| Land Assessment | $158,340 | Total Assessment | $1,810,820 |
PROPERTY TAXES
Parcel Number
15N-42-0302
Land Assessment
$158,340
Improvements Assessment
$1,652,480
Total Assessment
$1,810,820
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STREET VIEW
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MAP
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Woodlands Plaza III | 2043 Woodland Pky
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