St. Luke’s Center for Diagnostic Imaging

4,536 SF | Retail Building | Saint Louis, MO 63125 | $2,233,000 ($492/SF) | 6.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,233,000

Property Type
Retail
Square Feet
4,536 SF
Price / Square Foot
$492

Listing Contacts

Jeff Lefko
Jeff Lefko
Verified Profile
Bill Asher
Bill Asher
Verified Profile
  • Property Info

Property Overview

New 10-Year Corporate NNN Lease | Dominant Retail Corridor | Excellent Freeway Accessibility

Property Details

Class
B
Year Built
2000
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
22,216 SF

Highlights

  • Tenant is Open and Operating For Business
  • Single-Tenant St. Luke’s Center For Diagnostic Imaging (CDI): 9.4% increase in year 6 and 10% at each option
  • High-Traffic Location Within the Trade Area’s Main Retail Cluster: Nearly 25,000 cars per day along Lindbergh Boulevard
  • Excellent Freeway Accessibility: Located at the intersections of Interstate 55, Interstate 255, and U.S. Route 50
  • Located in the Heart of St. Louis, One of the Largest MSA’s in the US (3 Million Residents): 16 Fortune 1,000 companies are headquartered in St. Louis
  • St. Louis Lambert International Airport (30 minutes from the property) – 15.8 million passengers in 2019

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