3640 S Saint Peters Pky - Freestanding FOR SALE


Saint Peters, MO 63304
$3,079,000 USD
954-290-6366
3640 S Saint Peters Pky, Saint Peters, MO for Sale
$3,079,000 USD
Freestanding - FOR SALE
1/6
null | 6% Cap Rate

3640 S Saint Peters Pky
Saint Peters, MO 63304


OVERVIEW

Katz & Associates is pleased to exclusively present the opportunity to acquire the fee simple interest in a single-tenant dental property located at 3640 South St. Peters Parkway in St. Peters, Missouri. The property is occupied by Heritage Dental Group, an affiliated practice supported by Heartland Dental, the nation’s largest dental support organization (DSO). The ± 4,200-square-foot building was completed in 2024 and is situated on approximately ± 1.07 acres. The property is 100% occupied by Heritage Dental Group under a newly commenced 10-year triple-net (NNN) lease, providing investors with stable, passive income. Landlord responsibilities are limited to the roof and structural components of the building. The lease is backed by a corporate guaranty from Heartland Dental, LLC, which supports approximately 1,900 dental offices and more than 3,000 dentists across 39 states. Majority owned by KKR, one of the world’s leading global investment firms, Heartland Dental continues to expand its national footprint through a combination of de novo development, affiliations, and acquisitions. Strategically positioned along South St. Peters Parkway (Highway 94), one of the area’s primary commercial corridors, the property benefits from outstanding visibility, accessibility, and a strong surrounding demographic profile. The immediate trade area features a dense concentration of residential communities, national retailers, educational institutions, healthcare providers, and other daily-use destinations, serving more than 160,000 residents within a five-mile radius. This offering presents investors with the opportunity to acquire a newly constructed, Heartland Dental-affiliated and corporate-guaranteed healthcare asset in one of the St. Louis metropolitan area’s strongest suburban markets, supported by a long-term lease, scheduled rental growth, and a recession-resistant healthcare use.

FOR SALE DETAILS

PRICE

$3,079,000 USD

PRICE/SF

$733 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

2.91 AC

LAND SF

126,934 SF

ZONING

Commercial

APN/PARCEL ID

3-0015-C813-00-0OL3.0000000

ASK ABOUT THIS PROPERTY

Michael ZimmermanKatz & AssociatesMore Info
954-290-6366

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Michael ZimmermanKatz & AssociatesMore Info
954-290-6366

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