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Olivette Retail Building For Sale
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9345 Olive Blvd, Olivette, MO

7,701 SF retail building in Olivette with open floorplan.

Property Size7,701 SF
Lot Size0.54 Acres
Price / SF$155.69
Days on Market356

Property Features for 9345 Olive Blvd

General Information

Standard status Active
Size 7,701 SF
Lot size 0.54 Acres
Property subtype RETAIL
Listing Agency: Stephen F. Bahn Commercial Real Estate
Listed By: Stephen "Steve" Bahn · License #MO 1999022785
Source: Moodyscre
Added: Oct 16, 2025 Changed: Sep 11 Last Checked: Oct 5 at 8:33PM

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 Stephen F. Bahn Commercial Real Estate

Investment Insights

Based on property information with market context.

This 7,701 SF retail building is situated on 0.54 acres in the Olivette submarket. The open floorplan is suitable for various retail, commercial, or service business uses. The property benefits from its location with immediate access to Hwy 170. It features 130 feet of frontage along Olive Boulevard, offering visibility to over 26,000 vehicles per day. The property is located 0.3 miles west of the new Olive Crossing mixed-use development. A freight elevator provides access to the second-level warehouse space. There are 32 striped parking spaces on-site. The surrounding area includes national and regional retailers such as Costco, ALDI, Dierberg’s (coming soon), Chick-fil-A, Chipotle, Taco Bell, and Raising Cane’s. The zoning is 42COR, accommodating a range of commercial, retail, and office uses. The property taxes for 2024 are $26,050.

Key Highlights

  • Prime location with immediate access to Hwy 170 and 130’ of frontage along Olive Boulevard with high visibility (26,000+ vehicles per day).
  • Open floorplan ideal for a variety of retail, commercial, or service business uses.
  • Located in the growing Olivette submarket, just 0.3 miles west of the new Olive Crossing mixed‑use development.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$103,596
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,071,920 $2.1M
Cap Rate 7%
$1,479,943 $1.5M
Cap Rate 9%
$1,151,067 $1.2M
Market Conditions
NOI Build-Up for 7,701 SF
Gross rent
$171.9K $22.32/SF
− Vacancy
−$23.9K −$3.10/SF
EGI
$148.0K $19.22/SF
− OpEx
−$44.4K −$5.77/SF
NOI
$103.6K $13.45/SF
Area
St. Louis County, MO
Vacancy
13.90%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,071,920
Cap Rate 7%
$1,479,943
Cap Rate 9%
$1,151,067

Alternative Uses

Best Use
Retail
$1.48M
$1.29M – $1.73M (±1% cap)
NOI $103,596 @ 7.0% cap · market cap 8.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M (±1% cap)
NOI $115,694 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office HVAC Service Parking Lot & Garage Restaurant Nail Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 7,701 SF retail building in Olivette with open floorplan.
Where is this retail space located?
The property is located at 9345 Olive Blvd Olivette, MO.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Prime location with immediate access to Hwy 170 and 130’ of frontage along Olive Boulevard with high visibility (26,000+ vehicles per day).; Open floorplan ideal for a variety of retail, commercial, or service business uses.; Located in the growing Olivette submarket, just 0.3 miles west of the new Olive Crossing mixed‑use development.
(314) 849-5858 Call to check price and availability
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