945, 947, 951 Hornet Drive, Saint Louis, MO, 63042

945, 947, 951 Hornet Drive Saint Louis, MO 63042

Saint Louis
FOR SALE
Property Type:
Warehouse
Amount:
$1,900,000
Last Verified:
Dec 19, 2024

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Highlights

  • Pent-Up Demand
  • Need for infill light industrial and last mile distribution warehousing
  • Record absorption and rental growth in 2022
  • 1.8% vacancy rate for buildings under 50,000 SF
  • Median time for available space to lease is less than five months for buildings under 50,000 SF
  • Unparalleled Location
  • The site is located at the crossroads of I-70 and I-270.

Description

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.

The site is located at the crossroads of I-70 and I-270.

Building Size: 70000sq ft
Lot Size: 0 acres


Documents

945 Hornet Drive OM.pdf

Map of 945, 947, 951 Hornet Drive, Saint Louis, MO, 63042

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.