Industrial Property for Sale in St. Louis, MO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: St. Louis, MO 63115
  • Year built: 1944

Description

Clark Properties Saint Louis Portfolio Marcus & Millichap is pleased to present the opportunity to acquire the Union Seventy Center Business Park located at 3901 Union Boulevard in Saint Louis, Missouri. The subject property consists of 1,640,597 square feet of rentable industrial space (2,204,279 square feet in total) and is situated on a combined 92.68 acres of land. Anchored by Triad Manufacturing, Clark Logistic Services, and Iron Mountain, the multi-tenant asset features 25 suites, 132 dock-high doors, 26 grade-level doors, and an unused rail spur operated by the Terminal Railroad Association of St. Louis. The property includes 8 paved lots, approximating 20 acres of parking lot/outside storage. Primely situated only 0.6 of a mile from Interstate 70, the property has easy access to the Saint Louis Lambert International Airport. With the property containing heavy tenant improvements that allow for specialized manufacturing and shipping activities, the anchoring tenants are relatively less sensitive to rent increases. Given the inflationary environment, rising industrial vacancy rates, and slowing rent growth, owning specialized assets that give landlords more pricing power over rents is growing in importance. In addition to the benefits of owning a specialized asset in today’s economy, this sale offers national investors the opportunity to claim a stake in a market whose fundamentals outperform most of the top markets across the nation. At 5.2 percent, the industrial vacancy rate in Saint Louis sat 250 basis points lower than the 7.7 percent national average in 2025. Unlike most U.S. markets, annual rent growth in Saint Louis experienced a rebound in 2025, rising by 180 basis points to 4.7 percent, nearly tripling the national average that slipped to 1.7 percent. At the close of 2025, there were 4.3 million square feet of industrial space under construction in Saint Louis, representing just 1.3 percent of the existing inventory. The construction of Boeing’s 1.1

Market Context

This industrial in St. Louis, MO is listed for sale. It is offered at an approximate 8.3% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1944. It has been on the market for 68 days. Compare it against other industrial listings for sale in St. Louis, MO — <a href="/search/sale/industrial/missouri/st-louis">view the full market</a>.

As of Q4 2024, the St. Louis industrial market showed average asking rents near $5.60/SF/yr, and cap rates around 7.5%. Source: Consensus Q4 2024 market report.

Its 8.3% asking cap rate is above the St. Louis industrial market average of about 7.5%, implying a higher yield (and typically more risk or upside) than comparable assets.

Industrial market FAQ

What is the typical cap rate for industrial in St. Louis?
About 7.5% as of Q4 2024, per Consensus.

Unified Estimate

Medium Confidence

$4.76/SF – $6.44/SF

Mid: $5.60/SF

Rate estimator only; cost-of-business estimate unavailable.

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