3910-3930 S Old Highway 94 | Saint Charles, MO 63304
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3910-3930 S Old Highway 94
Saint Charles, MO 63304
Woodstone Plaza · Office Property For Sale
Executive Summary
Trophy Retail / Office Campus in an affluent area and the fastest growing Suburban Location in the state. Turnkey Property with a diversified tenant mix and true long term rent growth potential. Infill location in St. Charles County, which boasts some of the strongest demographics in the region.
Recent Capex Investment with over $160K in post-remodel investments since 2022 to improve the interior and exterior of the property. Located in among a dense and affluent population of over 81,000 residents earning an average household income of $117,000 within three miles. Six major projects (Two Medical Offices, Sr. Living Facility, Apartments, Self-Storage, and Carwash) have been completed in the last 12 months on S. Old Hwy. 94. Great amenity-rich major retail corridor – Walmart, Aldi, Walgreens, Schnucks, Fresh Thyme, Wendy’s, McDonalds, and Taco Bell are in the vicinity.
The three separate buildings containing a wide variety of suite sizes between 171 SF – 8,249 SF. Buildings are filled with 30 different tenants drawing from a wide range of industries: high end retail trade, law, video production, educational support services, financial services, insurance, and healthcare. This turnkey building operation, currently over 95% occupied, has the area’s top property management company and leasing agent in place ready to take advantage of future rent growth in St. Charles County.
Recent Capex Investment with over $160K in post-remodel investments since 2022 to improve the interior and exterior of the property. Located in among a dense and affluent population of over 81,000 residents earning an average household income of $117,000 within three miles. Six major projects (Two Medical Offices, Sr. Living Facility, Apartments, Self-Storage, and Carwash) have been completed in the last 12 months on S. Old Hwy. 94. Great amenity-rich major retail corridor – Walmart, Aldi, Walgreens, Schnucks, Fresh Thyme, Wendy’s, McDonalds, and Taco Bell are in the vicinity.
The three separate buildings containing a wide variety of suite sizes between 171 SF – 8,249 SF. Buildings are filled with 30 different tenants drawing from a wide range of industries: high end retail trade, law, video production, educational support services, financial services, insurance, and healthcare. This turnkey building operation, currently over 95% occupied, has the area’s top property management company and leasing agent in place ready to take advantage of future rent growth in St. Charles County.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Building Size
31,716 SF
Building Class
B
Year Built
1986
Price
£2,297,808
Price Per SF
£72
Net Initial Yield
8.20%
NOI
£188,420
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
31,716 SF
Building FAR
0.25
Lot Size
2.89 AC
Zoning
Commercial
Parking
122 Spaces (3.85 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 3-0015-5998-00-0001.0000000 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £321,514 |
PROPERTY TAXES
Parcel Number
3-0015-5998-00-0001.0000000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£321,514
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