Millwell Green Portfolio Investment Opportunity

220 Millwell Drive & 600 Harding Avenue, Maryland Heights, MO 63043

  • 38,431 Square Feet
  • Industrial Commercial-Specialty
  • For Sale

Summary Description

The subject properties are part of Millwell Green Business Park, a five-building infill industrial development completed in 2011. The project was a great success due in part to its ideal Westport location and the excellent physical functionality of the properties. Since completion, the park has maintained 100% occupancy. Two fully leased buildings are currently available for sale. One tenant occupies both buildings, under two separate leases, expiring in 2021 and 2032.600 Harding Avenue: 20,533 SF on 3.18 AC. 220 Millwell Drive: 17,898 SF on 1.06 AC.

Price: $7,150,000.00

Lot Size: 184,684 Square Feet

Building Size: 38,431 Square Feet

Area Available: 38,431 Square Feet

Building Type

Cross-dock distribution & office

Year Built

2011

Office Finish

25%

Clear Height

20'

Loading

34 route truck doors, 7 docks

Occupancy

100%

Features:

  • Investment grade tenant
  • 17+ year term remaining on distribution space
  • 5+ year term remaining on office space
  • Attractive high quality new construction
  • Excellent building functionality
  • Regular rent escalations
  • Energy efficient "green buildings reduce occupancy cost
  • Highly desirable "environmentally friendly" business park

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