Fenton Office/Medical Building For
830-850 Horan Drive Fenton, MO 63026
830-850 Horan Drive, Fenton, MO, 63026
Contact for pricing
For Sale
Contact for pricing
Three-tenant office/medical building near St. Clare Hospital & Medical Campus.
Property Size9,658 SF
Price / SF$155.31
Days on Market997
Property Features for 830-850 Horan Drive
General Information
- Standard status
- Active
- Size
- 9,658 SF
- Property subtype
- Office
Building Details
- Year Built
- 1996
Listing Agency
Intelica
(417) 576-8398
Listed by
Austin Dazey · License #MO 2022009329
Source
Crexi
Added: Oct 27, 2023 Checked: Jul 19 at 5:52 am
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 Intelica
Investment Insights
Based on property information with market context.
This 9,658 square foot office/medical building in Fenton, Missouri, presents an investment opportunity. The property is a three-tenant building with immediate occupancy available in Suite 850. Suite 830 will become available starting January 1, 2025. The property benefits from its location less than one mile from the new St. Clare Hospital & Medical Campus and offers convenient access to I-44 and I-270. The property also features a favorable parking ratio, making it suitable for office and medical investors.
Key Highlights
- Three‑tenant office/medical building offering immediate investment income.
- Prime location in Fenton, MO, near SSM St. Clare Hospital & Medical Campus.
- Immediate occupancy available in Suite 850, with Suite 830 becoming available 1/1/2025.
Local 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 | $215.6k | $22.32 |
| − Vacancy | −$58.4k | −$6.05 |
| EGI | $157.1k | $16.27 |
| − OpEx | −$39.3k | −$4.07 |
| NOI | $117.9k | $12.20 |
9,658 SF · lease $22.32/SF/yr · vacancy 27.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,861 @ 7.0% cap · market cap 7.86%
Second Best
Healthcare Medical
$1.59M
$1.39M – $1.86M
NOI $111,362 @ 7.0% cap · market cap 7.42%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $145,094 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Lpc Inc — 91 Larkin Williams Ind Ct, Fenton, MO 63026
FAQs
What type of property is this?
Medical Office Space - Three-tenant office/medical building near St. Clare Hospital & Medical Campus.
Where is this medical office space located?
The property is located at 830-850 Horan Drive Fenton, MO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Three‑tenant office/medical building offering immediate investment income.; Prime location in Fenton, MO, near SSM St. Clare Hospital & Medical Campus.; Immediate occupancy available in Suite 850, with Suite 830 becoming available 1/1/2025.
