11709 Old Ballas Rd - Medical CONDO FOR SALE


Saint Louis, MO 63141
$560,000 USD
314-451-7145
11709 Old Ballas Rd, Saint Louis, MO for Sale
$560,000 USD
Medical CONDO - FOR SALE
1/37
null | 7.31% Cap Rate

11709 Old Ballas Rd
Saint Louis, MO 63141


HIGHLIGHTS

  • +/-4,030 SF medical office condominiums
  • Fully leased to U.S. Foot and Ankle Specialist's, LLC
  • Located within the established Old Ballas Medical Plaza
  • Established medical tenant with ongoing operations at the property
  • Ample surface parking for patients and staff
  • Tenant has indicated its desire to remain in the property, providing investors confidence in continued occupancy

OVERVIEW

Salient Realty Group is pleased to exclusively offer for sale two fully occupied medical office condominiums located within the Old Ballas Medical Plaza at 11709 Old Ballas Road, Suites 201 & 202, St. Louis, Missouri. The offering consists of approximately 4,030 square feet and is leased to U.S. Foot and Ankle Specialists, LLC, providing investors with stable in-place income from an established medical practice. Positioned in one of the St. Louis area's most established healthcare corridors, the property is surrounded by major hospitals, specialty medical practices, and professional office users, with convenient access to Interstate 270 and Interstate 64/Highway 40. The combination of a quality medical tenant, strategic location, and established medical office environment makes this an attractive investment opportunity. The tenant has indicated its desire to remain in the property, offering investors confidence in continued occupancy. Medical office assets in the Old Ballas corridor have historically demonstrated strong tenant retention due to the concentration of healthcare providers and proximity to major hospital systems.

FOR SALE DETAILS

PRICE

$560,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

7.31%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

20,000 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

138

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,324 SF

ZONING

82CB

APN/PARCEL ID

17O-34-2100

ASK ABOUT THIS PROPERTY

Tim McCarthySalient Realty Group LLCMore Info
314-451-7145

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Tim McCarthySalient Realty Group LLCMore Info
314-451-7145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.