Leased Industrial Property Near
For Sale
Contact for pricing
3377 Hollenberg Dr, Bridgeton, MO
Well-maintained industrial property 100% leased to long-term tenants.
Property Size7,503 SF
Lot Size0.76 Acres
Price / SF$119.95
Days on Market398
Property Features for 3377 Hollenberg Dr
General Information
Standard status
Active
Size
7,503 SF
Lot size
0.76 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Colliers
(314) 365-3529
Listed By:
Joseph Hill, CCIM, SIOR · License #MO 2003019438
(314) 365-3529
Source:
Moodyscre
Added: Jul 16, 2025
Changed: Aug 9
Last Checked: Aug 16 at 8:42AM
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
Investment Insights
Based on property information with market context.
This 7,503 square foot industrial property is fully leased to two long-term tenants. The property is in outstanding condition, featuring newer equipment and a roof installed in 2016. Its location offers convenient access to the intersection of I-270 and I-70.
Key Highlights
- 100% leased to two long‑term and committed tenants.
- Outstanding condition with newer equipment and roof (2016).
- Conveniently located near the intersection of I‑270 and I‑70.
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
$36,117
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
4.01%
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%
$722,340
$722.3K
Cap Rate 7%
$515,957
$516.0K
Cap Rate 9%
$401,300
$401.3K
Market Conditions
NOI Build-Up for 7,503 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
$44.5K $5.93/SF
− Vacancy
−$2.0K −$0.27/SF
EGI
$42.5K $5.66/SF
− OpEx
−$6.4K −$0.85/SF
NOI
$36.1K $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%
$722,340
Cap Rate 7%
$515,957
Cap Rate 9%
$401,300
Alternative Uses
Best Use
Warehouse
$516.0K
$451.5K – $602.0K
NOI $36,117 @ 7.0% cap · market cap 4.01%
Second Best
Industrial
$424.9K
$371.8K – $495.7K
NOI $29,743 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,719 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 3760 Pennridge Dr, Bridgeton, MO 63044
- Spectrum shipping And receiveing — 13260 Corporate Exchange Dr, Bridgeton, MO 63044
- Modern Moving Solutions — 12125 Bridgeton Sq Dr, Bridgeton, MO 63044
- Slbs Limited Partnership — 3201 Rider Trail S, Earth City, MO 63045
Frequently Asked Questions
What type of property is this?
Warehouse - Well-maintained industrial property 100% leased to long-term tenants.
Where is this warehouse located?
The property is located at 3377 Hollenberg Dr Bridgeton, MO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 100% leased to two long‑term and committed tenants.; Outstanding condition with newer equipment and roof (2016).; Conveniently located near the intersection of I‑270 and I‑70.
