Veterans Memorial Portfolio Office FOR SALE


Saint Peters, MO
$10,759,021 USD
314-889-2562
, Saint Peters, MO for Sale
$10,759,021 USD
Office - FOR SALE
1/13
null | 7.5% Cap Rate

Veterans Memorial Portfolio
Saint Peters, MO


HIGHLIGHTS

  • Prominent visibility and frontage along Interstate 70, with average daily traffic exceeding 150,000 vehicles.
  • Recent capital improvements including roof replacement and fiber/cable upgrades for enhanced connectivity.
  • Strong income profile supported by long-term medical and professional tenants across both properties.
  • Parking ratios above market norms delivering exceptional convenience for staff and patients.
  • Located in a fast-growing suburban corridor near major healthcare facilities, Mid Rivers Mall, and Lambert-St. Louis International Airport.

OVERVIEW

This offering presents two institutional Class B medical office buildings strategically positioned along Interstate 70 in St. Peters, Missouri. Together totaling ±68,528 square feet, these assets deliver high visibility along a major corridor with traffic volumes exceeding 150,000 vehicles daily. Both properties feature modern layouts, strong parking ratios (4.5–4.7/1,000 SF), and consistent institutional maintenance, including recent roof upgrades and HVAC servicing. The tenant mix across both sites reflects durable demand from medical and professional service providers. Collectively, the buildings maintain strong lease stability with a weighted average lease term of 4.1 years. 5301 Veterans Memorial is fully leased, generating consistent cash flow, and 5401 Veterans operates at 83.12% occupancy, offering immediate value-add potential with 5,676 SF of vacancy previously utilized as surgical facilities. Combined NOI for the portfolio is $806,927, supporting competitive returns at a 7.50% cap rate. Positioned within reach of Lambert-St. Louis International Airport and St. Charles County's core business district, the properties offer investors a secure income stream with growth upside.

ASK ABOUT THIS PROPERTY

Alec CoronadoMarcus & MillichapMore Info
314-889-2562

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Alec CoronadoMarcus & MillichapMore Info
314-889-2562

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