Craig Dielman Tech Center

1842 Craig Park Court & 9355-9357 Dielman Industrial Drive St. Louis, MO 63146

1842 Craig Park Court & 9355-9357 Dielman Industrial Drive, St. Louis, MO, 63146
1842 Craig Park Court & 9355-9357 Dielman Industrial Drive, St. Louis, MO, 63146 1842 Craig Park Court & 9355-9357 Dielman Industrial Drive, St. Louis, MO, 63146
FOR SALE
Property Type:
Industrial
Amount:
Please Call Broker for Price

Last Verified:
May 20, 2024

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Description

Intelica is pleased to offer to investors the opportunity to acquire The Tech Center Portfolio in Saint Louis, MO. The offering contains two properties, totaling 73,774 SF of office, flex, and warehouse space. Craig Park Tech Center and Dielman Tech Center are both 100% leased, providing investors well stabilized assets, while also offering upside potential to increase rates to market rent as leases expire. Both properties are centrally located in prominent St. Louis industrial submarkets, with ease of access to I-270, Hwy 364, and Innerbelt 170.

Properties are centrally located in prominent St. Louis industrial submarkets, with ease of access to I-270, Hwy 364, and Innerbelt 170.

Building Size: 73774sq ft
Lot Size: 0 acres


Documents

2024 Craig Dielman OM Teaser

Map of 1842 Craig Park Court & 9355-9357 Dielman Industrial Drive, St. Louis, MO, 63146

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.