Flex Office and Warehouse
For Sale
Contact for pricing
Pending
16388 Westwoods Business Park, Ellisville, MO 63021
Flex building offers 12 offices, a large reception, dock area, and open-air office or warehouse space.
Property Size7,034 SF
Days on Market116
Property Features for 16388 Westwoods Business Park
General Information
Standard status
Pending
Size
7,034 SF
Property subtype
OFFICE
Additional Details
Office Units
12
Amenities
reception area
conference room
hardwood floors
monument sign
circular parking
landscaping
Building Details
Construction
split-block masonry
Listing Agency:
St. Onge Management & Exchange Corp.
(636) 451-2725
Listed By:
Charles L St. Onge
Source:
Moodyscre
Added: Apr 6
Changed: Jul 26
Last Checked: Jul 29 at 3:22PM
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 St. Onge Management & Exchange Corp.
Investment Insights
Based on property information with market context.
16388 Westwood's Business Park is a split-block masonry flex building with a current office configuration that includes 12 offices, a large reception area, an expansive conference room, and decorative hardwood floors. The property also includes an open-air office or warehouse area, with the ability to reclaim the dock and warehouse use that is currently incorporated into the open office space.
The parking lot includes a circular layout to support convenient traffic maneuvering, and the site features on-premises landscaping. The building also has its own monument sign within the Westwood's complex.
Designed to accommodate multiple operational setups, the building includes both dock space and flexible open-area space that can be aligned with office or warehouse needs depending on the purchaser’s plan.
The parking lot includes a circular layout to support convenient traffic maneuvering, and the site features on-premises landscaping. The building also has its own monument sign within the Westwood's complex.
Designed to accommodate multiple operational setups, the building includes both dock space and flexible open-area space that can be aligned with office or warehouse needs depending on the purchaser’s plan.
Key Highlights
- 16388 Westwood's Business Park in Ellisville, MO with 12 offices
- Large reception area plus expansive conference room in the current office layout
- Large open‑air office/warehouse space available based on purchaser needs
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $157.0k | $22.32 |
| − Vacancy | −$42.5k | −$6.05 |
| EGI | $114.5k | $16.27 |
| − OpEx | −$28.6k | −$4.07 |
| NOI | $85.8k | $12.20 |
7,034 SF · lease $22.32/SF/yr · vacancy 27.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.23M
$1.07M – $1.43M
NOI $85,839 @ 7.0% cap · market cap 6.73%
Second Best
Warehouse
$483.7K
$423.2K – $564.3K
NOI $33,859 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,673 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
12
Office units
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63021, MO
56,680
Population
22,982
Households
2.5
Avg Household Size
41
Median Age
62%
College-Educated
98%
High-School Grad
21.8 sq mi
ZIP Area
2,600
Density / Sq Mi
$113,822
Median Household Income
$58,800
Median Earnings
$1,362
Median Rent
$324,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex building offers 12 offices, a large reception, dock area, and open-air office or warehouse space.
Where is this flex space located?
The property is located at 16388 Westwoods Business Park Ellisville, MO.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 16388 Westwood's Business Park in Ellisville, MO with 12 offices; Large reception area plus expansive conference room in the current office layout; Large open‑air office/warehouse space available based on purchaser needs
