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Warehouse

Riverview Industrial Center

9215 Riverview Dr, St. Louis, MO 63137

Listing Price: Request For Offer

Gross SF
210,754
Lot Size
25.48 acres
Year Built
1950
Rentable SF
210,754

Investment Overview

Clark Properties Saint Louis Portfolio - Marcus & Millichap is pleased to present the opportunity to acquire the Clark Properties Portfolio in the Saint Louis, Missouri market. Clark Properties Saint Louis Portfolio consists of three separate industrial sites: Alton Center Business Park positioned at 1410 to 1450 Discovery Parkway in Alton, Illinois; Riverview Industrial Center situated at 9215 Riverview Drive in Saint Louis, Missouri; and Union Seventy Center Business Park located at 3901 Union Boulevard in Saint Louis, Missouri.

Riverview Industrial Center contains approximately 210,754 square feet of industrial space across 25.48
acres of land. The fully leased multi-tenant asset is anchored by Home Depot USA, Inc. The property features three suites, 12 dock-high doors, five grade-level doors, one city-high door and seven rail-access doors, a clear height ranging from 12’ to 43’, three-phase power with 1,200 amps, and a BNSF rail spur. Additionally, the building’s coverage ratio of 19 percent makes the property ideal for outdoor storage use which the tenants heavily utilize.


All three sites that make up the Clark Properties Saint Louis Portfolio enjoy rail capabilities that directly
connects to one of the nation’s largest rail hubs. Additionally, each property contains valuable parking
lot/industrial outdoor storage. Since these properties include heavy tenant improvements that allow for
specialized manufacturing and shipping activities, the anchoring tenants are relatively less sensitive to rent increases. Given the current economic environment of rising industrial vacancy rates, falling rent growth, and high inflation, it is imperative for investors to own specialized assets. This sale offers investors the opportunity to acquire a diversified portfolio with pricing power in a market whose fundamentals outperform most of the top markets across the nation. At 4.9 percent, the industrial vacancy rate in Saint Louis sat 170 basis points lower than the national average at the midway point of 2024 (CoStar, top 50 metros, minimum 10,000 square feet).

Investment Highlights

  • Portfolio Composition: The Clark Properties Saint Louis Portfolio comprises three industrial sites with rail capabilities.
  • Market Advantage: All properties offer rail capabilities to the third largest rail hub in the U.S., with Six Class I railroads.
  • Outside Storage: As this sub sector of industrial real estate continues to soar, Clark Properties Saint Louis Portfolio offers ample outside storage across infill locations of Saint Louis.
  • Market Fundamentals: Saint Louis industrial vacancy currently sits at 4.3% outperforming the national average by 240 basis points, which sits at 6.7%.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    First Vice President Investments

    (314) 889-2555

    License(s) MO: 2008013520

    Missouri

Warehouse

Riverview Industrial Center

Listing Price: Request For Offer

Gross SF
210,754
Lot Size
25.48 acres
Year Built
1950
Rentable SF
210,754

Investment Highlights

  • Portfolio Composition: The Clark Properties Saint Louis Portfolio comprises three industrial sites with rail capabilities.
  • Market Advantage: All properties offer rail capabilities to the third largest rail hub in the U.S., with Six Class I railroads.
  • Outside Storage: As this sub sector of industrial real estate continues to soar, Clark Properties Saint Louis Portfolio offers ample outside storage across infill locations of Saint Louis.
  • Market Fundamentals: Saint Louis industrial vacancy currently sits at 4.3% outperforming the national average by 240 basis points, which sits at 6.7%.

Investment Overview

Clark Properties Saint Louis Portfolio - Marcus & Millichap is pleased to present the opportunity to acquire the Clark Properties Portfolio in the Saint Louis, Missouri market. Clark Properties Saint Louis Portfolio consists of three separate industrial sites: Alton Center Business Park positioned at 1410 to 1450 Discovery Parkway in Alton, Illinois; Riverview Industrial Center situated at 9215 Riverview Drive in Saint Louis, Missouri; and Union Seventy Center Business Park located at 3901 Union Boulevard in Saint Louis, Missouri. Riverview Industrial Center contains approximately 210,754 square feet of industrial space across 25.48 acres of land. The fully leased multi-tenant asset is anchored by Home Depot USA, Inc. The property features three suites, 12 dock-high doors, five grade-level doors, one city-high door and seven rail-access doors, a clear height ranging from 12’ to 43’, three-phase power with 1,200 amps, and a BNSF rail spur. Additionally, the building’s coverage ratio of 19 percent makes the property ideal for outdoor storage use which the tenants heavily utilize. All three sites that make up the Clark Properties Saint Louis Portfolio enjoy rail capabilities that directly connects to one of the nation’s largest rail hubs. Additionally, each property contains valuable parking lot/industrial outdoor storage. Since these properties include heavy tenant improvements that allow for specialized manufacturing and shipping activities, the anchoring tenants are relatively less sensitive to rent increases. Given the current economic environment of rising industrial vacancy rates, falling rent growth, and high inflation, it is imperative for investors to own specialized assets. This sale offers investors the opportunity to acquire a diversified portfolio with pricing power in a market whose fundamentals outperform most of the top markets across the nation. At 4.9 percent, the industrial vacancy rate in Saint Louis sat 170 basis points lower than the national average at the midway point of 2024 (CoStar, top 50 metros, minimum 10,000 square feet).

Exclusively Listed By

Broker of Record

  • Dave Saverin

    First Vice President Investments

    (314) 889-2555

    License(s): MO: 2008013520

    Missouri

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