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2nd Floor - Unit 201-202
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Office
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4,030 SF
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$560,000 USD
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Unit Size: 4,030 SF
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Condo Use: Office
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Price: $560,000 USD
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Sale Type: Investment
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Price/SF: $138.96 USD
Description
+/-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
Well-maintained professional medical office environment
Attractive opportunity for investors seeking stable medical office income
The tenant has indicated its desire to remain in the property, providing investors confidence in continued occupancy
Sale Notes
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.
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