4515-29 N Second Street & 202-210 Douglas St. Louis, MO 63147
Warehouse and distribution space available in St. Louis, Missouri.
Property Features for 4515-29 N Second Street & 202-210 Douglas St.
General Information
- Standard status
- Active
- Size
- 22,604 SF
- Property subtype
- Office, Industrial
Listing office Hilliker Corporation
Listing date Oct 5, 2024
Source Crexi
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 Hilliker Corporation
Investment Insights
Based on property information with market context.
Key Highlights
- Warehouse/Distribution Space
- Exceptional Value
- Suitable for Business Use
Local Financial Insights For Industrial
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 | $134.0k | $5.93 |
| − Vacancy | −$6.0k | −$0.27 |
| EGI | $128.0k | $5.66 |
| − OpEx | −$38.4k | −$1.70 |
| NOI | $89.6k | $3.96 |
Alternative Uses
Property Analytics
Current Use by Public Records
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