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1015-1023 Locust St
Saint Louis, MO 63101 Convention Center

Price Upon Request

Office For Sale • 350,292 SF

Property Details

Property Type Office
Total Building Size 350,292 SF
Lot Size 0.64 AC
Building Class B
Year Built 1921
Tenancy Multiple
Zoning I

65 Transit Score

96 Walk Score

                
                    Highlights
                
                                Offered at an extremely attractive basis w/ significant in-place NOI
                            
                                Assumable debt for qualified purchasers at a 5.39% interest rate (contact brokers for details)
                            
                                Located in an Opportunity Zone; potential for Federal and MO Historic Tax Credits
                            
                                47.19% occupied - meaningful lease- up upside
                            
                                Top stack of building can be vacant by Q1 2028 for redevelopment
                            
                                Strong in-place cash flow from long-term data center lease on lower floors (3rd floor + portion of 5th floor)

Amenities

Banking
Controlled Access
Conferencing Facility
Dry Cleaner
Food Service
Property Manager on Site
Security System
Reception
Air Conditioning
Backup Power / Generators

Public Transportation

Commuter Rail	Drive	Walk	Distance
8th And Pine (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink), Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink))	1 min	6 min	0.3 mi
Convention Center (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink), Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink))	2 min	7 min	0.4 mi
Transit/Subway	Drive	Walk	Distance
8th And Pine (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink), Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink))	2 min	6 min	0.3 mi
Convention Center (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink), Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink))	1 min	8 min	0.4 mi
Stadium (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink), Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink))	2 min	11 min	0.6 mi
Arch-Laclede's Landing (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink), Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink))	2 min	13 min	0.7 mi
Civic Center (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink), Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink))	2 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
St Louis Lambert International	23 min	-	14.6 mi
Scott AFB/Midamerica St Louis	39 min	-	25.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	170
Type:	Covered
Included in Rent:	Yes

Garen Lafser 314-451-7471 Salient Realty Group LLC

1015-1023 Locust St Saint Louis, MO 63101 Convention Center