4900 Daggett Ave, Saint Louis, MO 63110
50,000 SF | 4-Star Office Building | Saint Louis, MO 63110 | $18,000,000 ($360/SF) | 6.79% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $18,000,000
- Property Type
-
Office
- Square Feet
- 50,000 SF
- Price / Square Foot
- $360
Listing Contacts
Joseph Hill
Verified Profile
- Property Info
Property Overview
Colliers and Third Man Development are pleased to present the "Kings Hill" investment opportunity at 4900 Daggett Avenue in the "The Hill" neighborhood of St. Louis, Missouri. Kings Hill is an award-winning redevelopment that was recently completed to serve as the modern headquarters for the Brown & Crouppen Law Firm, a prominent personal injury law firm in the Midwest. There are approximately nine (9) years remaining on the original 10-year triple net lease. The tenant has made a major financial investment in the redevelopment, indicating a long-term commitment to the Property
Property Details
- Class
- B
- Year Built
- 1910
- Stories
- 2
- Lot Size (sq. ft)
- 91,040 SF
Highlights
- New Construction with total gut renovation in 2023
- Outstanding Location in "The Hill"; one of the best neighborhoods in St. Louis
- Passive Triple Net Lease Structure with 9 years remaining
- Substantial Tenant Investment in the Property
- Designed by HOK, an internationally acclaimed architect
- Winner of the 2024 Most Enhanced Award from the Landmarks Association of St. Louis
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].