The Forest Park Business Center | 5200-5240 Oakland Ave
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The Forest Park Business Center 5200-5240 Oakland Ave
119,568 SF 91% Leased Flex Building Saint Louis, MO 63110 $8,875,000 ($74/SF) 9.10% Cap Rate
Investment Highlights
- Exceptional I-64 Frontage and Exposure
- Across From Forest Park and Adjacent to St. Louis Community College, Highlands at Forest Park, St. Louis Science Center, and SLUH
Executive Summary
7 Total Existing Tenants include Paraquad, Inc., Civil Design Engineers, Inc., Washington University, Modern Brewery, Ten by Three, St. Louis Behavioral Medicine Institute, and Therapeutic Specialties
Property Facts
| Price | $8,875,000 | Rentable Building Area | 119,568 SF |
| Price Per SF | $74 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1969 |
| Cap Rate | 9.10% | Parking Ratio | 1.3/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 16 FT |
| Building Class | B | No. Dock-High Doors/Loading | 1 |
| Lot Size | 4.68 AC | No. Drive In / Grade-Level Doors | 1 |
| Price | $8,875,000 |
| Price Per SF | $74 |
| Sale Type | Investment |
| Cap Rate | 9.10% |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 4.68 AC |
| Rentable Building Area | 119,568 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Parking Ratio | 1.3/1,000 SF |
| Clear Ceiling Height | 16 FT |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Free Parking on large, private lot.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 10,252 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 10,252 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 10,252 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Free Parking on large, private lot.
PROPERTY TAXES
| Parcel Number | 399500-00205 | Improvements Assessment | $269,400 |
| Land Assessment | $98,600 | Total Assessment | $368,000 |
PROPERTY TAXES
Parcel Number
399500-00205
Land Assessment
$98,600
Improvements Assessment
$269,400
Total Assessment
$368,000
zoning
| Zoning Code | H (Area Commercial District; general commercial areas consisting of shopping centers and commercial strips) |
| H (Area Commercial District; general commercial areas consisting of shopping centers and commercial strips) |
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The Forest Park Business Center | 5200-5240 Oakland Ave
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