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8820 LADUE ROAD
OFFERING Cassidy Turley is pleased to offer for sale, on behalf of Ownership, the 100%
fee simple interest in 8820 Ladue Road (“The Offering”) located within
the St. Louis MSA in the vibrant Clayton trade area. The Offering consists
of a two-story, multi-tenant office building totalling 38,364 SF that is 78%
leased. The Property is being offered free and clear of debt and provides
investors with opportunity to acquire a well located asset, with stability of
income, future upside, in one the highest demographic area of St. Louis.
HIGHLIGHTSUnique Opportunity8820 Ladue Road is a unique opportunity to acquire high quality 38,364 SF office building in the Clayton submarket. The property would be great for an investors or owner/user.
Long Term LeasesThree tenants which occupies 68% of the space have leases that do not
expire until 2020.
Bank Drive ThruU.S. Bank has a drive thru with four lanes. Drive thru lanes are very difficult to obtain in Clayton.
Strategic LocationThe property is located at the “entrance” to Clayton providing easy access for business and residential traffic.
Recent Capital UpgradesOwnership has recently invested over $1,000,000 for building upgrades including new elevators, mechanical system, roof and lighting retrofit.
Strong Office MarketThe vacancy rate in Clayton is currently 9% and projected to decrease further by the end of the year.
N
LAD
UE
RO
AD Fortune Ladue
Building
Property line is approximate, not to scale
SITE AERIAL
Ladue Road
170
170
Gay
Ave
Maryland Ave
8820 Ladue Road
Property line is approximate
Clayton High School
PROPERTY OVERVIEW
67
67
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67
61
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61
94
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94
47
47
47
100
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100
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50
30
30
30
30
180
180
367
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367
94
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67
100
100
79
79
141
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141
111
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159
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13
3
3
3
3
109
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340
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364
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231
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267
3
3
3
3 67
111
159
140140
163
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158
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177
15
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157
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143
364
141
170
270
270
70
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270
64
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270
70
44
44
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44
6464
44
44
270270
55
70 55
64
64
255
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170
70
370
370
21
55
55
55
64
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64
70
70
EARTHCITY
ST. CHARLES
ST. PETERS
WELDONSPRING
LAKEST. LOUIS
O’FALLON
BALLWIN
CHESTERFIELD
WILDWOOD
ELLISVILLE
BRIDGETON
CLAYTON
RICHMONDHEIGHTS
WEBSTERGROVES
SUNSETHILLS
CRESTWOOD
FENTON
SAINT LOUISCITY
SAINT CHARLESCOUNTY
SAINT LOUISCOUNTY
LADUE
BRENTWOOD
CREVECOEUR
TOWN &COUNTRY
UNIVERSITY CITY
DARDENNEPRAIRIE
WENTZVILLE
CHAIN OFROCKS
MOSCOWMILLS
8820 Ladue Road
Address: 8820 Ladue Road, St. Louis, MO 63105
Total Square Feet: 38,364 SF
Land Area: 2.08 acres (90,605 SF)
Parking: 151 spaces (3.94 per 1,000)
Year Built: 1975
Percentage Leased: 78%
INVESTMENT CONTACTS
Paul M. HiltonSenior Managing Director, [email protected]
Michael P. HanrahanSenior Managing Director, [email protected]
7700 Forsyth Blvd, 9th FloorSt. Louis, MO 63105 www.cassidyturley.com