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102,919 SF Medical Research/Office on 13.06 Acres / For Sale
400 FOUNTAIN LAKES BLVD St. Charles, MO 63301
Keith Schneider, CCIM, SIOR / Senior Director / keith.schneider@cushwake.com / +1 314 520 2747
Joe Schneider, CCIM Associate / joe.schneider@cushwake.com / +1 636 578 6069
102,919 SF Medical Research/Office on 13.06 Acres / For Sale
400 FOUNTAIN LAKES BLVD St. Charles, MO 63301
Designed and Historically Operated as a Clinical Research Organization (CRO) Facility - Single-Story Brick & Concrete Building
- Originally Constructed in 2001
- Subsequent Expansion in 2005 - Building Can Be Converted to General Office
PROPERTY DETAILS
• Primary Tract is 10.56 Acres - Adjacent 2.5 Acre Lot Included
• 606 Parking Spaces (5.89/1,000 SF)
• Secured Lab Room with Separate Ventilation
• Commercial Kitchen with Walk-In Cooler and Freezer
• Commercial Laundry Room
• Furniture, Fixtures, & Equipment (FF&E) Negotiable
• 600 kW Cummins/Onan Diesel-Powered Generator Serves Entire Building
• Gaco Roof Coating System Installed in 2016 ($222K Capital Investment)
• Fully Dry-Sprinklered Building; Smoke & Heat Detectors; Alarm System
• Zoned “I-2” Heavy Industrial in City of St. Charles
• 40 Roof-Mounted, Packaged, Gas-fired, Forced-Air Heating & Cooling with Short Ducts
Sale Price: $11,230,000 $9,700,000
102,919 SF Medical Research/Office on 13.06 Acres / For Sale
400 FOUNTAIN LAKES BLVD St. Charles, MO 63301
Turn-key Medical Research FacilityCapacity for 520 Beds in 10 Clinics
EACH CLINIC INCLUDES
• 6 Full Bathrooms
• Nursing Station Room
• Large Gathering Rooms
• Dedicated Exterior Entrance from Building Perimeter
102,919 SF Medical Research/Office on 13.06 Acres / For Sale
400 FOUNTAIN LAKES BLVD St. Charles, MO 63301
102,919 SF Medical Research/Office on 13.06 Acres / For Sale
400 FOUNTAIN LAKES BLVD St. Charles, MO 63301
Located in Established Fountain Lakes Commerce Center
Excellent Highway Visibility & Access from Hwy 370
370
FOU
NTA
IN LA
KES B
OU
LEVAR
D
Adjacent 2.5 Acre Lot (Included in Sale)
Downtown St Louis
St Louis Lambert International Airport
St Charles County
400 Fountain Lakes Blvd.
Fountain Lakes Commerce Center
370
102,919 SF Medical Research/Office on 13.06 Acres / For Sale
400 FOUNTAIN LAKES BLVD St. Charles, MO 63301
102,919 SF Medical Research/Office on 13.06 Acres / For Sale
400 FOUNTAIN LAKES BLVD St. Charles, MO 63301
©2019 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWN-ER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.
102,919 SF Medical Research/Office on 13.06 Acres / For Sale
400 FOUNTAIN LAKES BLVD St. Charles, MO 63301
Adjacent 2.5 Acre LotIncluded in Sale
102,919 SF Medical Research/Office on 13.06 Acres / For Sale
400 FOUNTAIN LAKES BLVD St. Charles, MO 63301
• Ameristar Casino Resort Spa
• he Boeing Company
• SSM St. Joseph Health Center
• Bass Pro
• Coca Cola
• Royal Canin
• SYSCO
• Glazer’s Midwest
• Lindenwood University
• LMI Aerospace
• American Railcar Industries
• Northrop Grumman
• Cutting Edge Optronics
• Barnes-Jewish St. Peters Hospital
• Hussmann Corporation
• MasterCard
• United Healthcare
LINDENWOOD UNIVERSITY
EDUCATION
Current enrollment at the main campus exceeds 00 students.Through its satellite and online courses, Lindenwood’s total enrollment exceeds 17,000. The University offers undergraduate, graduate, and doctoral degrees through nine colleges and schools. Campus buildings range from historic 19th century buildings to modern on-going construction projects. The University is aggressively expanding its main campus and has completed more than $60 million in new projects since 2009 adding to the positive growth in the area.
St. Charles Market Overview
Major Employers
102,919 SF Medical Research/Office on 13.06 Acres / For Sale
400 FOUNTAIN LAKES BLVD St. Charles, MO 63301
$560M IN DEVELOPMENT SINCE 2008:
• University Commons: University Commons is a retail initiative locatedacross First Capitol Drive/Highway 94 from Lindenwood University.Opened in the fall of 2014, University Commons primarily housesnumerous retailers anchored by Schnuck’s Grocery.
• The Streets of St. Charles: The Streets of St. Charles is a distinctive1,000,000 square foot mixed-use community ideally positionedon I-70 featuring high-end retail, dining, entertainment, hospitality,residential and office components. The Streets of St. Charles serves asoffice homes to Wamhoff Financial, Cole & Associates, Woodard &Curran, Duncan Financial, Brown Smith Wallace, and Green CleanCommercial.
• Ameristar Casino Resort and Spa: One of the first casinos to open inthe St. Louis area, the $265M Ameristar Casino Resort and Spa St.Charles features a luxury 400 room hotel and spa, a 130,000-square-foot casino; seven dining venues; 12 bars, an entertainment venue,a full-service luxury day spa; and a 20,000-square-foot conferencecenter.
• Fountain Lakes Commerce Center: The Fountain Lakes CommerceCenter is a 500 acre mixed-use business development with 150 acresof adjacent land and amenities including: 80 acres of stocked lakes; awetland observation area; seven (7) mile running trail; recreation area;and soccer fields. At full build-out, Fountain Lakes will result inapproximately $300M of new investment and thousands of jobs.
EMPLOYMENT
AMERISTAR CASINO
102,919 SF Medical Research/Office on 13.06 Acres / For Sale
400 FOUNTAIN LAKES BLVD St. Charles, MO 63301
BOEING SPACE AND DEFENSE HEADQUARTERS
BUSINESS
St. Louis’ business environment has attracted several large Fortune 1000 companies to locate their headquarters in the area. A total of 18 Fortune 1000 companies, nine of which are Fortune 500 companies reside within the metro area, making St. Louis the 15th highest concentration of Fortune 1000 firms in the country.
The local business environment also appeals greatly to small and mid-sized businesses, exemplified by the nearly $1.0 billion in venture capital investments in the area since 2013.
ECONOMY
The regional economy of St. Louis is well-diversified with substantial employment in the healthcare & bioscience, finance, professional & business services, manufacturing, education, energy, and retail trade industries. In 201 , the St. Louis, MO-IL MSA achieved a gross metropolitan product of approximately $1 billion, a 3. % increase from 201 , making the region the 21st largest economy in the United States and 3rd largest in the Midwest.
Supported by a labor force of over 1. million workers, St. Louis has an unemployment rate of %, which is lower than the national rate of 4. %. Factors that have greatly propelled the thriving St. Louis economy are a well-educated local workforce, favorable business environment, and ample supply of financial incentives.
St. Louis, MO Metropolitan Area
102,919 SF Medical Research/Office on 13.06 Acres / For Sale
400 FOUNTAIN LAKES BLVD St. Charles, MO 63301
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