945-951 Hornet Dr
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945-951 Hornet Dr
103,339 SF 100% Leased Office Building Hazelwood, MO 63042 $1,900,000 ($18/SF)
Investment Highlights
- 1.8% vacancy rate for buildings under 50,000 SF
- The site is located at the crossroads of I-70 and I-270.
- Median time for available space to lease is less than five months for buildings under 50,000 SF
- Need for infill light industrial and last mile distribution warehousing
Executive Summary
Intelica Commercial Real Estate Company is pleased to offer for sale to qualified investors the opportunity to acquire the 100% fee simple interest in 945, 947, and 951 Hornet Drive in Hazelwood, MO 63042 (the “Property”). The Property consists of a 103,339 square foot multi-tenant office building located on 7.04 acres in the Airport Submarket of St. Louis County. The property is suited for an office owner-user, value-add investment, or redevelopment into flex, light industrial, and last mile distribution warehousing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
103,339 SF
Building Class
B
Year Built/Renovated
1980/1993
Price
$1,900,000
Price Per SF
$18
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
34,446 SF
Slab To Slab
8’
Building FAR
0.34
Lot Size
7.04 AC
Opportunity Zone
Yes
Zoning
80I
Parking
473 Spaces (4.58 Spaces per 1,000 SF Leased)
Amenities
- Pond
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PROPERTY TAXES
| Parcel Number | 10M-54-0150 | Improvements Assessment | $796,800 |
| Land Assessment | $294,400 | Total Assessment | $1,091,200 |
PROPERTY TAXES
Parcel Number
10M-54-0150
Land Assessment
$294,400
Improvements Assessment
$796,800
Total Assessment
$1,091,200
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945-951 Hornet Dr
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