Single Story Office Flex
For Sale
Contact for pricing
3324 Hollenberg Dr, Bridgeton, MO 63044
10500 SF office/flex building for sale or lease.
Property Size10,500 SF
Price / SF$75.24
Days on Market1632
Property Features for 3324 Hollenberg Dr
General Information
Standard status
Active
Size
10,500 SF
Class
B
Total Parking Spaces
48
Property subtype
Industrial, Mixed Use, Office, Special Purpose
Zoning
C
Lease Type
NNN
Investment Type
Owner/User
Building Details
Year Renovated
2016
Stories
1
Listing Agency:
Commercial Real Estate Solutions, LLC
Listed By:
Lynn Richter · License #MO 2000153159
(314) 775-2750
Source:
Crexi
Added: Apr 21, 2022
Changed: Oct 6
Last Checked: Oct 7 at 12:57PM
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 Commercial Real Estate Solutions, LLC
Investment Insights
Based on property information with market context.
This is a 10500 SF single-story office-flex building available for sale or lease. The property previously featured a 10x10 foot drive-in roll-up door, and the area is still visible on the plan, offering a variety of end-use opportunities. A small month-to-month tenant occupies approximately three offices and can stay or leave. The building offers exterior signage and a monument sign opportunity.
Key Highlights
- 10,500 SF single‑story office/flex building.
- Available for sale or lease.
- Potential for drive‑in roll‑up door (10x10 foot).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,624
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,480
$832.5K
Cap Rate 7%
$594,629
$594.6K
Cap Rate 9%
$462,489
$462.5K
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$62.3K $5.93/SF
− Vacancy
−$2.8K −$0.27/SF
EGI
$59.5K $5.66/SF
− OpEx
−$17.8K −$1.70/SF
NOI
$41.6K $3.96/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,480
Cap Rate 7%
$594,629
Cap Rate 9%
$462,489
Alternative Uses
Best Use
Industrial
$594.6K
$520.3K – $693.7K
NOI $41,624 @ 7.0% cap · market cap 5.27%
Second Best
Flex RnD
$558.7K
$488.8K – $651.8K
NOI $39,107 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$2.25M
$1.97M – $2.63M
NOI $157,744 @ 7.0% cap · market cap 19.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
Balanced
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 10500 SF office/flex building for sale or lease.
Where is this flex space located?
The property is located at 3324 Hollenberg Dr Bridgeton, MO.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: 10,500 SF single‑story office/flex building.; Available for sale or lease.; Potential for drive‑in roll‑up door (10x10 foot).
