Free-Standing Medical Office
11 Garvey Pkwy Saint Charles, MO 63303
For Sale
Contact for pricing
Free-standing brick medical office building built in 2005 with 32 parking spaces and 100% occupied long-term medical lease.
Property Size6,676 SF
Price / SF$366.99
Days on Market94
Property Features for 11 Garvey Pkwy
General Information
Standard status
Active
Size
6,676 SF
Property subtype
OFFICE
Listing Agency:
CWG Commercial | KW Realty West
(314) 565-2386
Listed By:
Denise O'Mara
(314) 565-2386
Source:
Moodyscre
Added: Apr 28
Changed: Jul 25
Last Checked: Jul 29 at 3:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CWG Commercial | KW Realty West
Investment Insights
Based on property information with market context.
This free-standing brick medical office building was built in 2005 and offers 6,676 square feet of space. The property is 100% occupied under a medical use lease, with the lease expiring in 2035.
The building includes 32 parking spaces and provides easy access to Hwy 364 and Hwy 94, with I-70 located just minutes away. Offered for sale as a potential 1031 exchange property, this asset is positioned for buyers seeking an income-producing medical office investment with long-term lease horizon.
The building includes 32 parking spaces and provides easy access to Hwy 364 and Hwy 94, with I-70 located just minutes away. Offered for sale as a potential 1031 exchange property, this asset is positioned for buyers seeking an income-producing medical office investment with long-term lease horizon.
Key Highlights
- 100% occupied medical use building with a lease that expires in 2035
- Free‑standing brick medical office building built in 2005
- 6,676 sq ft building
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $151.4k | $22.68 |
| − Vacancy | −$41.0k | −$6.15 |
| EGI | $110.4k | $16.53 |
| − OpEx | −$27.6k | −$4.13 |
| NOI | $82.8k | $12.40 |
6,676 SF · lease $22.68/SF/yr · vacancy 27.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.18M
$1.03M – $1.38M
NOI $82,784 @ 7.0% cap · market cap 3.38%
Second Best
Healthcare Medical
$1.13M
$988.0K – $1.32M
NOI $79,037 @ 7.0% cap · market cap 3.23%
Theoretical Best
Warehouse
$1.77M
$1.55M – $2.06M
NOI $123,681 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Harvester Animal Clinic Inc: Nack Michelle DVM — 3004 s st peters pkwy ste o, st peters, mo 63303
- Harvester Animal Clinic, Inc. - Thomas Dierker, DVM — 3004 s st peters pkwy o, st peters, mo 63303
- Harvester Animal Clinic Inc - Anita Watkins DVM — 3004 s st peters pkwy ste o, st charles, mo 63303
Frequently Asked Questions
What type of property is this?
Medical Office Space - Free-standing brick medical office building built in 2005 with 32 parking spaces and 100% occupied long-term medical lease.
Where is this medical office space located?
The property is located at 11 Garvey Pkwy Saint Charles, MO.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 100% occupied medical use building with a lease that expires in 2035; Free‑standing brick medical office building built in 2005; 6,676 sq ft building
