1402 E Veterans Memorial Pky 115,000 SF Industrial Building Truesdale, MO 63380 $9,518,223 CAD ($82.77 CAD/SF) 7.35% Cap Rate

Attractive Yield & Basis – Offered at $6,962,600 ($60.54/SF) with a 7.35% cap rate, providing strong in-place cash flow at a compelling basis.
Single-Tenant Net-Leased Investment – 115,000 SF office/warehouse/manufacturing facility leased to Sunspace Modular Enclosures, Inc. under a 7-year lease that commenced September 1, 2025.
Mission-Critical Industrial Facility – Well-equipped industrial/manufacturing asset featuring 22’–26’ clear heights, 7 bridge cranes, 480/277V 3-phase power (2,000 amp), 4 dock-high doors, 3 drive-in doors, and ESFR sprinkler system.
Significant Recent Capital Improvements – Roof replaced in Q4 2022 (warranty through December 2028) plus extensive 2024 upgrades including new asphalt parking lot, exterior metal skin, LED lighting, fiber optic service, and security system.
Strategic I-70 Location – Prominent visibility and immediate access just one mile east of the I-70 / Highway 47 interchange, positioned within a high-growth logistics and manufacturing corridor.
Expansion & Incentive Upside – Situated on 11.88 acres with an additional ±13.6 acres available for expansion. Located within an Enhanced Enterprise Zone and Opportunity Zone with potential Chapter 100 or 353 tax abatement benefits.
This offering presents a stabilized, cash-flowing industrial investment in one of the fastest-growing submarkets west of St. Charles County, combining durable tenancy, strong real estate fundamentals, and long-term growth potential.