Description

This industrial office/warehouse property comprises approximately 27,000 square feet on a 0.90-acre lot and is fully occupied by Kindeva. The facility offers a 20-foot clear height, three loading docks, one drive-in door, and three-phase power, with 100% air-conditioned space. Designed as an FDA-compliant facility, it supports specialized pharmaceutical operations. The property operates under a triple net (NNN) lease structure, minimizing landlord responsibilities, as the tenant covers property taxes, insurance, and common area maintenance. Kindeva, a nationally recognized pharmaceutical CDMO with 10 facilities, produces and ships around 100 million commercial devices annually, underscoring its strong credit profile. The tenant has occupied this location since 1996 and also operates from two nearby buildings for EpiPen manufacturing and office use, highlighting long-term commitment. Strategically located with convenient access to I-170, I-44, and I-64, the property benefits from a central position within one of the most active business districts in the St. Louis metropolitan area.