Updated Dec 4, 2024
Beverage Distributor Leases Industrial Space In Dupo Near St. Louis
729 Prairie Dupont Drive
Building Size
22,500 SF
Asset Type
Industrial
Closing
Jun 21, 2024
About this deal
AI
A beverage distributor has leased a 22,500-square-foot industrial space at 729 Prairie Dupont Drive in Dupo, located just south of St. Louis. The facility, built in 2008, features office space, dock and drive-in doors, and high clear heights. Strategically positioned near I-255 and the St. Louis Downtown Airport, this industrial space offers ample amenities for the tenant.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not applicable
- Address: 729 Prairie Dupont Drive
- Market: Dupo
- Tenant's Rep: George Cibula & Luke Ferzacca - DarwinPW Realty/CORFAC International; Joel Meyer & Ben Bacino - Intelica/CORFAC International
- Landlord's Rep: Steve Zuber - Barber Murphy Commercial
The tenant, represented by George Cibula, Luke Ferzacca of DarwinPW Realty/CORFAC International, Joel Meyer, and Ben Bacino of Intelica/CORFAC International, has secured an ideal industrial space for their operations. On the other side, the landlord for this transaction was represented by Steve Zuber of Barber Murphy Commercial, facilitating a successful lease agreement between the parties involved.
Players
Dupo Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93