Marcus & Millichap is pleased to present the opportunity to acquire the Interior Design Center of Saint Louis, located at 11610 to 11660 Page Service Drive in Saint Louis, Missouri. The subject property consists of approximately 92,104 square feet of flex space and is situated on 7.189 acres of land. The two-building asset features masonry construction, a 12’ clear height, seven suites, three grade-level doors, and 230 parking spaces. In 2023, the property underwent a roof replacement, and the parking lot was repaired and resealed and striped in 2024.
With frontage along Page Avenue, perhaps the asset’s best feature is its prime location. The property is boxed within four major highways: Interstate 270 to the west, Interstate 70 to the north, Interstate 170 to the east, and Interstate 64 to the south. A $600 million expansion near the interchange between Interstates 64 and 70 began in the spring of 2025, which will increase mobility in the metro area once completed in the fall of 2028 (Saint Charles County). The expansion is part of a larger $2 billion project to add a third lane to Interstate 70 between Saint Louis and Kansas City (Missourinet). Running adjacent to the property is Page Avenue, which becomes Missouri Route 364 west of Interstate 270. In 2014, expansion to Route 364 was completed, creating a four-lane highway that extends to the Interstate 64 connection, directly improving mobility to the property from Saint Charles County (Saint Charles County). Positioned just over six miles north of the asset is the Saint Louis Lambert International Airport, which is undergoing a $2.8 billion terminal expansion. Adjacent to the airport is the nation’s second-largest defense plant, owned and operated by Boeing. The factory is undergoing a $1.8 billion expansion that will add 1.1 million square feet to the facility, expanding its 16,000-person workforce in Missouri by more than 500 jobs (Missouri Partnership).
Over the last decade, the property has benefited heavily from the growth of Saint Charles County, which is situated just west of the property’s location, divided by the Missouri River. With an estimated 17.5 percent boom in population from 2010 to 2024, Saint Charles has been one of the fastest-growing counties in the state. At nearly $103,000, Saint Charles’ median household income also stands as the highest-earning county in Missouri (U.S. Census Bureau). Situated less than two miles from the property on Page Avenue is Westport Plaza, a 42-acre commercial, resort, and entertainment center that recently completed a major renovation (Westport Plaza).
The Interior Design Center of Saint Louis is anchored by four companies: KDR Designer Showrooms (previously owned by the seller), AUTCOhome Appliance, Working Spaces, and Premier Plumbing Studio. Established in 1991, KDR Designer Showrooms provides more than 150 luxury interior furnishings such as furniture, lighting, and rugs. AUTCOhome Appliance has provided high-end appliances to metro Saint Louis residents and businesses since 1998. At the time of listing, AUTCOhome Appliance underwent a $1 million renovation and expansion at the subject property. In business for more than 25 years, Working Spaces has specialized in providing commercial furniture and office designs. Premier Plumbing Studio, a division of Wholesale Plumbing Supply Company, was created to provide consumers with the finest kitchen and bath products offered in the Saint Louis Region. Together, the four anchoring tenants lease 94.9 percent of the property. With an average occupancy of 18 years each at the Interior Design Center, these occupants, all with high-end tenant improvements, create a rare symmetry that protects the landlord against tenant loss. Fully occupied at an average rent of $15.33 per square foot, this sale offers investors the opportunity to acquire a high-income asset in a market with strong fundamentals.
Thanks in part to an inventory that has essentially remained fixed over the last two decades, the Saint Louis flex market is one of the strongest in the nation. In the first quarter of 2025, net absorption dipped into negative territory by -92,000 square feet, but 12-month trailing demand remained positive. With no industrial properties delivered in Q1, the vacancy rate increased 50 basis points to 3.6 percent, representing half of the national vacancy rate of flex properties. Despite the low availability, annual rent growth slowed to near a decade’s low at 1.7 percent. With no flex properties under construction at the start of Q2, demand will continue to be in the driver’s seat of vacancies and rents for the foreseeable future (CoStar).
The Saint Louis metro is near the geographic center of the United States, within 500 miles of one-third of the U.S. population. About 2.8 million people call the metro area home, with Saint Louis hosting over 319,000 residents. Located at the confluence of the Mississippi and Missouri rivers, the metro area encompasses counties in both Missouri and Illinois. The economy of Saint Louis is anchored by the logistics industry, with trade, transportation, and utilities accounting for the largest share of employment. In addition to the Gateway Arch, which continues to serve as a major tourist attraction, Saint Louis is also highlighted by one of the nation’s most prominent urban parks. Covering 1,300 acres, encompassing the Saint Louis Zoo, Art Museum, History Museum, and Science Center, Forest Park measures larger than New York’s famed Central Park. Saint Louis is also the host of three professional sports teams, the Saint Louis Cardinals of Major League Baseball, the Saint Louis Blues of the National Hockey League, and Saint Louis City SC of Major League Soccer (Marucs & Millichap, Forest Park Forever).
BROKER OF RECORD
David Saverin
Missouri Broker of Record
7800 Forsyth Boulevard, Suite 710
St. Louis, MO 63105
Tel: (314) 889-2500
David.Saverin@MarcusMillichap.com
License: 2008013520
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2025 Marcus & Millichap. All rights reserved. (Activity ID: ZAG0370324)
