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12166 Old Big Bend Rd
Kirkwood, MO 63122
Kirkwood Office Center · Office Property For Sale


EXECUTIVE SUMMARY
The Kirkwood Office Center presents a compelling opportunity for both owner-users and investors seeking a well-positioned suburban office asset in the heart of Kirkwood, Missouri. Situated on a 2.09-acre site with 152 parking spaces and immediate access to I-270 via Big Bend Road, this 3-story, 43,670-square-foot building offers a blend of stability and upside potential.
Originally built in 1972 and extensively renovated in 2000, the property features updated lobbies, hallways, and typical office finishes that appeal to modern professional tenants. The building is located in a quiet, low-congestion neighborhood, enhancing its appeal for businesses seeking a calm yet connected environment. With up to 12,696 square feet available for an owner-user, the asset also supports partial occupancy while generating income from a diverse tenant mix.
The current rent roll includes counseling services, marketing firms, tech repair, and professional offices, with a pro-forma net operating income of $417,589 and an 8.75% cap rate. The building’s layout includes suites ranging from 423 to 4,079 square feet, offering flexibility for future leasing strategies.
Originally built in 1972 and extensively renovated in 2000, the property features updated lobbies, hallways, and typical office finishes that appeal to modern professional tenants. The building is located in a quiet, low-congestion neighborhood, enhancing its appeal for businesses seeking a calm yet connected environment. With up to 12,696 square feet available for an owner-user, the asset also supports partial occupancy while generating income from a diverse tenant mix.
The current rent roll includes counseling services, marketing firms, tech repair, and professional offices, with a pro-forma net operating income of $417,589 and an 8.75% cap rate. The building’s layout includes suites ranging from 423 to 4,079 square feet, offering flexibility for future leasing strategies.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
43,670 SF
Building Class
C
Year Built/Renovated
1972/2019
Price
$6,605,687 CAD
Price Per SF
$151.26 CAD
Cap Rate
8.75%
NOI
$577,998 CAD
Percent Leased
83%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
14,557 SF
Building FAR
0.48
Lot Size
2.10 AC
Zoning
C - Commercial
Parking
153 Spaces (3.5 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 24N-12-0792 | Improvements Assessment | $1,045,917 CAD |
| Land Assessment | $499,248 CAD | Total Assessment | $1,545,165 CAD |
PROPERTY TAXES
Parcel Number
24N-12-0792
Land Assessment
$499,248 CAD
Improvements Assessment
$1,045,917 CAD
Total Assessment
$1,545,165 CAD
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