945, 947, 951 Hornet Drive
945, 947, 951 Hornet Drive, Saint Louis, MO
For Sale
Industrial
Warehouse
Market Price
Price
70,000 sqft
Building Size
Overview
Building Size
70,000 sqft
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.
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.
Documents
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945_Hornet_Drive_OM.pdf |