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    915 Olive St St St. Louis, MO 63101

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    For Lease
    Contact for pricing

    Prime St. Louis Executive Office Space Available

    Lot size:
    14,412 SF

    Property Features for 915 Olive St St

    General Information

    Property type
    Office properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,412 SF
    Total Rate
    19216

    Spaces For Lease

    at 915 Olive St St, St. Louis, MO 63101 Contact us
    Unit Suite 314

    $16 /Mo

    Size
    2,016 SF
    Contact us
    Unit Suite 317

    $16 /Mo

    Size
    5,451 SF
    Contact us
    Unit Suite 915 1-B

    $16 /Mo

    Size
    2,878 SF
    Contact us
    Unit Suite 921

    $16 /Mo

    Size
    4,067 SF
    Contact us

    We can help!

    Listing Contact
    Rick Spector
    Rick Spector

    Listing Agency: L3 Corporation Listing Agent: Rick Spector

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    The Syndicate Trust Building, located at 915 Olive Street in the heart of St. Louis, Missouri (zip code 63101), offers exceptional executive office space for lease. This iconic building boasts a total of 14,412 square feet, currently entirely vacant and available for immediate occupancy. The property is classified as both retail and office space, perfectly suited for a variety of businesses. The building is divided into four suites, providing flexibility for tenants seeking different sizes. Individual suites range from a minimum of 2,016 square feet to a maximum contiguous space of 5,451 square feet, allowing for customization to meet specific business needs. This presents a unique opportunity to secure a prominent location in a well-established building within Saint Louis City County. The building's central location provides easy access to major transportation routes, amenities, and other key business districts. With its impressive size and flexible layout, the Syndicate Trust Building is an ideal choice for businesses seeking a prestigious and functional office space in the vibrant city of St. Louis. The entire 14,412 square feet is available for lease, offering a rare chance to establish a significant presence in a desirable location. Contact us today to learn more about this exceptional leasing opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St. Louis
    County
    Saint Louis City
    State
    Missouri
    Longitude
    -90.194027
    Latitude
    38.6292322

    Nearby Similar for Lease

    • $29 SF/Yr
      18,800 SF

      Clayton Road Executive Suites

      Prime St. Louis Office & Retail Space Available
      8211-8221 Clayton Rd St, St. Louis, MO 63117
      View Details
    • $192 SF/Yr
      4,375 SF

      Chouteau Ave Creative Office Space

      Historic St. Louis Office, 2 Suites Available
      1826 Chouteau Ave St, St. Louis, MO 63102
      View Details

    FAQs

    What type of property is this?
    Office property - Prime St. Louis Executive Office Space Available
    Where is this office property located?
    The property is located at 915 Olive St St St. Louis, MO.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 2,016 - 5,467 SF of retail space available in a Schnucks-anchored multi-family building.; 95% occupancy rate in the condominium units.; High-traffic location adjacent to a Schnucks grocery store with 259,300 annual visitors (21.7% YoY growth).
    (314) 282-9827 Call to check price and availability
    Request Owner's contact information
    915 Olive St St St. Louis, MO 63101
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    St. Louis, MO 63101
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    915 Olive St St St. Louis, MO 63101
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Rick Spector
    Rick Spector
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