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Executive Summary

Owner User Opportunity with 50% of the building available.
Current Owner has invested a significant amount of money to remodel half of the building and on exterior updates.
New Roof & Gutters 2024 - New HVAC units for over half the building - Monument Sign - Landscaping - Concrete Walkways and Patio

Attachments

618 Cepi - Sale

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
15,000 SF
Building Class
B
Year Built/Renovated
1988/2024
Price
$2,768,378 CAD
Price Per SF
$184.56 CAD
Cap Rate
8.73%
NOI
$241,608 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,000 SF
Building FAR
0.34
Lot Size
1.00 AC
Zoning
M3
Parking
58 Spaces (3.87 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Avanta Medical
  • Professional, Scientific, and Technical Services
  • 1,635 SF
  • $24.07 CAD
  • Full Service
  • -
  • Cloud 5 Communications
  • Professional, Scientific, and Technical Services
  • 7,500 SF
  • $22.97 CAD
  • Modified Gross
  • -
  • Excelsior Family Chiropractic
  • -
  • 2,637 SF
  • $24.61 CAD
  • Full Service
  • Aug 2028
  • Solaray, LLC
  • Retailer
  • 1,690 SF
  • $25.97 CAD
  • Full Service
  • -
  • Finance and Insurance
  • 1,363 SF
  • $23.24 CAD
  • Full Service
  • Jan 2028

State Farm began in 1922 when George J. Mecherle created auto insurance for farmers in Illinois. The company expanded into homeowners and life insurance while maintaining its mutual ownership structure. Today State Farm offers various insurance products and financial services like banking and investments. They've become a significant presence in the US insurance market through their large network of agents.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Avanta Medical Professional, Scientific, and Technical Services 1,635 SF $24.07 CAD Full Service -
Cloud 5 Communications Professional, Scientific, and Technical Services 7,500 SF $22.97 CAD Modified Gross -
Excelsior Family Chiropractic - 2,637 SF $24.61 CAD Full Service Aug 2028
Solaray, LLC Retailer 1,690 SF $25.97 CAD Full Service -
Finance and Insurance 1,363 SF $23.24 CAD Full Service Jan 2028

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste A
  • 3,500-7,500 SF
  • Office
  • Full Build-Out
  • Now

Excellent Space - 5600sf of Office and 1900sf of warehouse that can be converted into additional office or work space. .

Space Size Space Use Build-Out Available
1st Fl-Ste A 3,500-7,500 SF Office Full Build-Out Now

1st Fl-Ste A

Size
3,500-7,500 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste A

Size 3,500-7,500 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Excellent Space - 5600sf of Office and 1900sf of warehouse that can be converted into additional office or work space. .

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
17V-33-0111
Land Assessment
$192,010 CAD
Improvements Assessment
$434,891 CAD
Total Assessment
$626,900 CAD
  • Listing ID: 36750179

  • Date on Market: 2025-07-16

  • Last Updated:

  • Address: 618 Cepi Dr, Chesterfield, MO 63005

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