Flex Space with Office
712 HANLEY INDUSTRIAL CT, Saint Louis, MO 63144
For Sale
Contact for pricing
The existing office layout can be adapted for service-center use, with warehouse access restorable to 12-foot clear height.
Property Size7,030 SF
Lot Size0.45 Acres
Price / SF$141.54
Days on Market9
Property Features for 712 HANLEY INDUSTRIAL CT
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Additional Details
Condition
Highway Access
Clear Height
Property Use
Amenities
Building signage
Listing Agency:
Savoy Properties, LLC
(314) 909-8400
Listed By:
Ben Friedman
(314) 283-9235
Source:
Moodyscre
Added: Nov 2
Changed: Nov 7
Last Checked: Nov 8 at 8:26AM
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 Savoy Properties, LLC
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Investment Insights
Based on property information with market context.
This 7,030-square-foot flex property sits on 0.45 acres and is currently configured as office space. The building can also accommodate service-center use, with the former warehouse access restorable and 12-foot clear height available. On-site parking includes 26 spaces, and building signage is present.
The property is approximately 0.75 miles from Hwy 40 and I-170 and 2.0 miles from I-44, providing access to multiple regional routes.
The property is approximately 0.75 miles from Hwy 40 and I-170 and 2.0 miles from I-44, providing access to multiple regional routes.
Key Highlights
- 7,030 square feet on 0.45 acres
- Office buildout with potential service‑center use
- Warehouse access can be restored; 12’ clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,790
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,715,800
$1.7M
Cap Rate 7%
$1,225,571
$1.2M
Cap Rate 9%
$953,222
$953.2K
Market Conditions
NOI Build-Up for 7,030 SF
Gross rent
$156.9K $22.32/SF
− Vacancy
−$42.5K −$6.05/SF
EGI
$114.4K $16.27/SF
− OpEx
−$28.6K −$4.07/SF
NOI
$85.8K $12.20/SF
Area
St. Louis County, MO
Vacancy
27.10%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,715,800
Cap Rate 7%
$1,225,571
Cap Rate 9%
$953,222
Alternative Uses
Best Use
Office B
$1.23M
$1.07M – $1.43M
NOI $85,790 @ 7.0% cap · market cap 8.62%
Second Best
Industrial
$398.1K
$348.4K – $464.5K
NOI $27,868 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,613 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
12 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,344
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 63144, MO
9,596
Population
5,159
Households
1.9
Avg Household Size
36
Median Age
75%
College-Educated
99%
High-School Grad
2.3 sq mi
ZIP Area
4,172
Density / Sq Mi
$91,312
Median Household Income
$72,981
Median Earnings
$1,429
Median Rent
$278,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Saint Louis
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Kitchen Fruition STL — 2505 S Brentwood Blvd, Brentwood, MO 63144
- Distinctive Catering — 2423 Pocahontas Pl, St. Louis, MO 63144
- White Box Catering — 1250 Strassner Dr, Brentwood, MO 63144
- J & J O'Brien Catering — 1921 S Brentwood Blvd, St. Louis, MO 63144
- Firehouse Subs Hanley Road — 8027 Dale Ave, Richmond Heights, MO 63117
Frequently Asked Questions
What type of property is this?
Flex space - The existing office layout can be adapted for service-center use, with warehouse access restorable to 12-foot clear height.
Where is this flex space located?
The property is located at 712 HANLEY INDUSTRIAL CT Saint Louis, MO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 7,030 square feet on 0.45 acres; Office buildout with potential service‑center use; Warehouse access can be restored; 12’ clear height
