Clear-Span Warehouse
For Sale
Contact for pricing
13511 NW Industrial Dr, Bridgeton, MO 63044
Adjacent metal warehouses provide dock and drive-in loading with flexible occupancy timing.
Property Size14,500 SF
Price / SF$89.66
Days on Market145
Property Features for 13511 NW Industrial Dr
General Information
Standard status
Active
Size
14,500 SF
Class
B
Property subtype
Industrial
Occupancy
48%
Investment Type
Owner/User
Warehouse & Industrial
Clear Height
15 ft
Clear Span
Yes
Building Details
Year Built
1987
Buildings
2
Construction
metal
Listing Agency:
Colliers - Saint Louis Clayton, Missouri
Listed By:
Joseph Hill · License #MO 2006005161
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Sep 1 at 12:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Saint Louis Clayton, Missouri
Investment Insights
Based on property information with market context.
This Bridgeton industrial property consists of two adjoining clear-span metal warehouse buildings totaling 14,500 square feet. Built in 1987, the facilities offer 15-foot clear heights along with both dock-level and drive-in loading. The configuration provides separate building areas within a compact industrial asset.
The 7,000-square-foot building at 13511 NW Industrial Dr is leased through February 28, 2027, with landlord obligations limited to roof replacement. The neighboring 7,500-square-foot building at 13515 NW Industrial Dr is scheduled to become available on June 30, 2026. Together, the buildings combine an occupied warehouse component with a defined future occupancy date.
The 7,000-square-foot building at 13511 NW Industrial Dr is leased through February 28, 2027, with landlord obligations limited to roof replacement. The neighboring 7,500-square-foot building at 13515 NW Industrial Dr is scheduled to become available on June 30, 2026. Together, the buildings combine an occupied warehouse component with a defined future occupancy date.
Key Highlights
- 14,500 square feet across two adjacent warehouse buildings
- Clear‑span metal construction with 15‑foot clear heights
- Dock and drive‑in loading serving the buildings
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$69,798
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,395,960
$1.4M
Cap Rate 7%
$997,114
$997.1K
Cap Rate 9%
$775,533
$775.5K
Market Conditions
NOI Build-Up for 14,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$86.0K $5.93/SF
− Vacancy
−$3.9K −$0.27/SF
EGI
$82.1K $5.66/SF
− OpEx
−$12.3K −$0.85/SF
NOI
$69.8K $4.81/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,395,960
Cap Rate 7%
$997,114
Cap Rate 9%
$775,533
Alternative Uses
Best Use
Warehouse
$997.1K
$872.5K – $1.16M
NOI $69,798 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.11M
$2.72M – $3.63M
NOI $217,837 @ 7.0% cap · market cap 16.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
15 ft
Clear height
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63044, MO
10,587
Population
4,634
Households
2.3
Avg Household Size
43
Median Age
37%
College-Educated
90%
High-School Grad
16.7 sq mi
ZIP Area
634
Density / Sq Mi
$76,094
Median Household Income
$45,822
Median Earnings
$1,093
Median Rent
$232,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Public Storage — 3760 Pennridge Dr, Bridgeton, MO 63044
Frequently Asked Questions
What type of property is this?
Warehouse - Adjacent metal warehouses provide dock and drive-in loading with flexible occupancy timing.
Where is this warehouse located?
The property is located at 13511 NW Industrial Dr Bridgeton, MO.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 14,500 square feet across two adjacent warehouse buildings; Clear‑span metal construction with 15‑foot clear heights; Dock and drive‑in loading serving the buildings
