3 Building Office Portfolio on S. Big Bend

Highlights:

• Fully occupied 3-building office portfolio in Richmond Heights — turnkey income from day one
• All three buildings comprehensively renovated in 2025
• 9.8% cap rate on current in-place income
• High-visibility Big Bend Blvd location, less than 1/4 mile south of I-64 (~14,000 VPD)
• 5,210 SF combined across three freestanding buildings — appeals to owner-users, investors, or 1031 buyers
• Combined on-site parking (~9-10 spaces) plus ample non-metered street parking

Description:

Manor Real Estate presents a rare opportunity to acquire a fully occupied, three-building office portfolio in the heart of Richmond Heights, Missouri. Comprising 1526, 1528, and 1530 S. Big Bend Blvd., the portfolio totals 5,210 square feet of freestanding office space, each building comprehensively renovated in 2025 with modern systems and finishes that preserve the neighborhood’s historic character.
All three buildings are currently 100% leased to four independent small-business tenants, delivering immediate, stabilized income to a purchaser at closing. The portfolio produces in-place net operating income of approximately $58,813 annually, reflecting roughly a 9.8% cap rate on the $599,000 asking price ($114.97 per square foot).
The properties sit less than a quarter mile south of Interstate 64 on S. Big Bend Blvd., benefiting from approximately 14,000 vehicles per day and strong regional accessibility to the greater St. Louis metro, including Clayton and downtown St. Louis. The immediate trade area is one of St. Louis County’s more affluent and densely populated inner-ring submarkets.
Each building offers dedicated on-site parking in addition to plentiful non-metered street parking, within walking distance of the established Richmond Heights/Maplewood commercial corridor.
This offering is well suited to an owner-user seeking a headquarters building with in-place rental income to offset carrying costs, or to an investor targeting a low-maintenance, fully stabilized small-office portfolio in a supply-constrained St. Louis County submarket. The three parcels are offered together as a package; contact the listing agent for details.

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