540 Howdershell Rd.

Florissant is the 12th largest city in Missouri, and recently ranking in the top 100 Best Places to Live by Money Magazine, the City of Florissant offers its residents and businesses many services, programs and resources. The North County Submarket in Saint Louis is a midsized submarket that contains around 4.2 million SF of office space. The vacancy rate his risen over the past 12 months, and at 7.6%, this is in part due to Covid. Things do look somewhat better longer timescale, however, as rents have managed an average annual gain of 1.1% per year over the past 10 years. Office properties have traded with regularity in recent years, though that momentum has slowed in the past year. With the widespread distribution of vaccines, workers are beginning to return to the office.Salient is pleased to present this incredible opportunity to own a sizable lot with a 2,700 SF office. This property presents a great opportunity to continue with commercial use or creates an opportunity for a redevelopment site. The site is located at one of the main thoroughfares through Florissant, approximately 33,000 vehicles pass by daily. The property is also available for lease at an attractive rate of $15.00/SF (Gross). Please reach out to the brokers for more information or to schedule a tour today.Salient is pleased to present this incredible opportunity to own a sizable lot with a 2,700 SF office. This property presents a great opportunity to continue with commercial use or creates an opportunity for a redevelopment site. The site is located at one of the main thoroughfares through Florissant, approximately 33,000 vehicles pass by daily. The property is also available for lease at an attractive rate of $15.00/SF (Gross). **Please reach out to the brokers for more information or to schedule a tour today.**