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Single-Tenant Office

Royal Canin USA HQ

500 Fountain Lakes Blvd, Saint Charles, MO 63301

Listing Price: $8,337,341

Cap Rate
8.50%
Gross SF
53,932
Rentable SF
53,932
Price/Gross SF
$154.59
Lot Size
5.74 acres
Year Built
2001

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire the fee-simple interest (land + building) in a Full-Gross, Global PetCare provider located in St. Charles, MO (St. Louis MSA). The tenant, Royal Canin USA Inc. has just under 2 years remaining on their 3rd extension. Additionally, Royal Canin has Two (3-Yr) Options to extend with annual rental increases. The property acts as the US Headquarters for this global brand, and has since 2011. In 2019, Royal Canin expanded its footprint by assuming the entire building as the co-tenant (Millstone Weber) built directly across the street. Both Royal Canin and their parent company, MARS, Inc. are private. However, estimated sales for Royal Canin were $2b+ and MARS, Inc. were $45B+ respectively. The property is located within a major office/industrial corridor known as Fountain Lakes Corp. Center. This area has exploded with growth over the past few years, and St. Charles is the fastest growing county in the state of Missouri. Between Fountain Lakes and Premier Parkway just to the West, these parks are home to several prominent groups including FedEx, Coca-Cola, Amazon, Sysco, Best Buy, ODL, and a couple Aerospace companies to boot. Fountain Lakes is situated along MO Hwy 370, which is a spur highway connecting I-70 and I-270 with an ADT of 26,700 (2019).

Investment Highlights

  • USA Headquarters since 2011 | 2019 Total Renovation
  • Global Petcare Provider | Est. 2021 Sales $2B+
  • Subsidiary of MARS, Inc. | Est. 2021 Sales $45B+

Exclusively Listed By

Broker of Record

  • David Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Single-Tenant Office

Royal Canin USA HQ

Listing Price: $8,337,341

Cap Rate
8.50%
Gross SF
53,932
Rentable SF
53,932
Price/Gross SF
$154.59
Lot Size
5.74 acres
Year Built
2001

Investment Highlights

  • USA Headquarters since 2011 | 2019 Total Renovation
  • Global Petcare Provider | Est. 2021 Sales $2B+
  • Subsidiary of MARS, Inc. | Est. 2021 Sales $45B+

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire the fee-simple interest (land + building) in a Full-Gross, Global PetCare provider located in St. Charles, MO (St. Louis MSA). The tenant, Royal Canin USA Inc. has just under 2 years remaining on their 3rd extension. Additionally, Royal Canin has Two (3-Yr) Options to extend with annual rental increases. The property acts as the US Headquarters for this global brand, and has since 2011. In 2019, Royal Canin expanded its footprint by assuming the entire building as the co-tenant (Millstone Weber) built directly across the street. Both Royal Canin and their parent company, MARS, Inc. are private. However, estimated sales for Royal Canin were $2b+ and MARS, Inc. were $45B+ respectively. The property is located within a major office/industrial corridor known as Fountain Lakes Corp. Center. This area has exploded with growth over the past few years, and St. Charles is the fastest growing county in the state of Missouri. Between Fountain Lakes and Premier Parkway just to the West, these parks are home to several prominent groups including FedEx, Coca-Cola, Amazon, Sysco, Best Buy, ODL, and a couple Aerospace companies to boot. Fountain Lakes is situated along MO Hwy 370, which is a spur highway connecting I-70 and I-270 with an ADT of 26,700 (2019).

Exclusively Listed By

Broker of Record

  • David Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

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