950-970 Bolger Ct 29,348 SF 100% Leased Industrial Building Fenton, MO 63026 $6,906,000 CAD ($235.31 CAD/SF) 4.66% Cap Rate

Opportunity for an owner/user/investor to occupy the eastern suite of 20,689 SF at the end of the current lease (10/31/2028). Suite if 20,689 SF is currently leased, but tenant has no renewal option. That lease at $9.20 PSF MG is considered below market. Alternately, a pure investor could buy the subject poprerty and negotiate a much higher renewal rent, closer to 2028 market rents, boosting net income and building value. The eastern suite of 8,749 SF was renewed for five years through 6/30/2030 at a higher base rent $11.50 PSF NNN, with annual step rents. The 8,749 Sf tenant has a fimr renewal option through 6/30/2035 at set step rents starting at $13.00 PSF NNN. Both tenants are strong national credit tenants. Both suites are 65% to 75% high-quality office finish (Class A) with rera warehouses and docks and drive-in doors (high quality flex service center suites). New roof planned for 2025-2026. Recent interior updates. This is a rare opportunituy to purchase a 100% leaased service center building in the prime Fenton market, with excellent upside potential on rents, and the possibility of owner-occupancy on about 20,000 SF.