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Forsyth Center 17533-17545 Chesterfield Airport Rd

12,512 SF 88% Leased Retail Building Chesterfield, MO 63005 £1,782,178 (£142/SF)

Investment Highlights

  • Fantastic Location, Chesterfield Valley MO, join Top Golf and The District continuing the trend as a destination location.
  • Beautiful architecture with brick archways giving this building a fantastic curb appeal.
  • Great opportunity for your business to be in a high growth area without the high rent!
  • Great Opportunity for an Investor - Occupier with 62.5% leased property. Contiguous space of 4,692 sf available.
  • Strategically positioned near Long Road and Chesterfield Airport Road, just across the street from McDonalds and East of Long Road.
  • Land and construction costs in today's market makes this a fantastic purchase!

Executive Summary

Commercial Partners is offering to well qualified investors an opportunity to acquire an investment property know as The Forsyth Center in Chesterfield, MO. The Forsyth Center, a 12,512 sq. ft. Retail Strip Center, was constructed in 2002 and is located in the high end area of Chesterfield Valley with such neighbors as Walmart, McDonalds, Lowes, Home Depot, and many other retail groups. Newly constructed projects such as Top Golf and The District, Entertainment Venues, will only enhance the Forsyth Center. Theses synergies function as a destination location bringing in large crowds from all over the St. Louis metropolitan area of 3 Million plus patrons.
Property is presently 62.5% leased with 3 vacancies, total available square footage of 1,564 to 4,692sf for a user/occupier. Land and building cost in the area makes this a viable investment for an occupier. Call for updates.

Financial Summary (Actual - 2022)

Annual Annual Per SF
Taxes £51,624 £4.13
Operating Expenses - -
Total Expenses £51,624 £4.13

Financial Summary (Actual - 2022)

Taxes
Annual £51,624
Annual Per SF £4.13
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £51,624
Annual Per SF £4.13

Property Facts Under Contract

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,512 SF
Building Class
B
Year Built
2002
Price
£1,782,178
Price Per SF
£142
Percent Leased
88%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.19
Lot Size
1.50 AC
Zoning
Commercial - Planned Commercial Zoning Ordinance
Parking
65 Spaces (6.62 Spaces per 1,000 SF Leased)
Frontage
170 ft on Chesterfield Airport Rd

Amenities

  • 24 Hour Access
  • Corner Lot
  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

About 17533-17545 Chesterfield Airport Rd , Chesterfield, MO 63005

Forsyth Center uniquely positioned across from McDonalds and one block down from a hard corner just off Highway 40 at Long Road and Chesterfield Airport Road. A beautiful brick archway retail center consisting of 12,512 sf with 8 retail bays of 1,564 sf in each bay. Presently there are five tenants, and the building is 63% leased. This would be great for an investor/occupier with 4,962 sf of contiguous space available immediately. Building and land costs are extremely high in the area which makes this existing building very cost effective. Financials can be provided upon request. Seller is requiring a Confidentiality and Purchaser Registration Agreement be signed to release information.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Chesterfield Cleaners
  • Service type
  • 3,128 SF
  • -
  • NNN
  • Jul 2023
  • K Nails
  • Service type
  • 1,564 SF
  • -
  • NNN
  • Dec 2026
  • Sophia Mia Hair Salon
  • Service type
  • 1,564 SF
  • -
  • NNN
  • Oct 2024
  • Sunisa's Thai Restaurant
  • Service type
  • 1,564 SF
  • -
  • NNN
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Chesterfield Cleaners Service type 3,128 SF - NNN Jul 2023
K Nails Service type 1,564 SF - NNN Dec 2026
Sophia Mia Hair Salon Service type 1,564 SF - NNN Oct 2024
Sunisa's Thai Restaurant Service type 1,564 SF - NNN -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 17539
  • 1,564 SF
  • Retail
  • In-Line
  • Now

Existing professional office tenant improvements ready for your use. In-line space with 1,564 sf. Reception area with offices, kitchen and bathroom plus some storage. This would be great for a professional office user such as consultant, attorney, insurance, real estate or accounting firm.

  • 17541
  • 1,564 SF
  • Retail
  • In-Line
  • 30 Days

Existing Tenant improvements are built out as a Chiropractic office with 3 offices, reception and open area, and bathroom. Space can be combined with 17539 and 17541 Chesterfield Airport Road for a total of 3,128 sf of contiguous space.

  • 17543
  • 1,564 SF
  • Retail
  • In-Line
  • 30 Days

Available 1,564 sf includes 2 Offices, Reception, Bathroom & Open Areas. \ Can be combined with Suites 17539, 17541 and 17543 creating contiguous space of 4,692sf., and 70+ft of window line. Great for small/medium, medical, professional office or retail user. Floor Plan designed as a service center use. Located near corner of Long Road & Chesterfield Airport Road. Strategically positioned near Out-let Malls, Top Golf and Gateway Studios. Easy access to Hwy 40/64 and St. Louis & St. Charles Counties.

Space Size Space Use Position Available
17539 1,564 SF Retail In-Line Now
17541 1,564 SF Retail In-Line 30 Days
17543 1,564 SF Retail In-Line 30 Days

17539

Size
1,564 SF
Space Use
Retail
Position
In-Line
Available
Now

17541

Size
1,564 SF
Space Use
Retail
Position
In-Line
Available
30 Days

17543

Size
1,564 SF
Space Use
Retail
Position
In-Line
Available
30 Days

17539

Size 1,564 SF
Space Use Retail
Position In-Line
Available Now

Existing professional office tenant improvements ready for your use. In-line space with 1,564 sf. Reception area with offices, kitchen and bathroom plus some storage. This would be great for a professional office user such as consultant, attorney, insurance, real estate or accounting firm.

17541

Size 1,564 SF
Space Use Retail
Position In-Line
Available 30 Days

Existing Tenant improvements are built out as a Chiropractic office with 3 offices, reception and open area, and bathroom. Space can be combined with 17539 and 17541 Chesterfield Airport Road for a total of 3,128 sf of contiguous space.

17543

Size 1,564 SF
Space Use Retail
Position In-Line
Available 30 Days

Available 1,564 sf includes 2 Offices, Reception, Bathroom & Open Areas. \ Can be combined with Suites 17539, 17541 and 17543 creating contiguous space of 4,692sf., and 70+ft of window line. Great for small/medium, medical, professional office or retail user. Floor Plan designed as a service center use. Located near corner of Long Road & Chesterfield Airport Road. Strategically positioned near Out-let Malls, Top Golf and Gateway Studios. Easy access to Hwy 40/64 and St. Louis & St. Charles Counties.

Nearby Major Retailers

U.S. Bank
Bar Louie
The Old Spaghetti Factory
Regions Bank
PNC Bank
54th Street Grill & Bar
The Pasta House
Busey Bank
Five Guys
Brick House Tavern + Tap

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17U-14-0494
Land Assessment
£250,067 (2023)
Improvements Assessment
£236,610 (2023)
Total Assessment
£486,677 (2023)
Annual Taxes
£51,624 (£4.13/sf)
Tax Year
2022
  • Listing ID: 14017265

  • Date on Market: 09/10/2018

  • Last Updated:

  • Address: 17533-17545 Chesterfield Airport Rd, Chesterfield, MO 63005

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