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1935 Prairie Dell Rd Union, MO 63084

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For Sale
$3,210,000

Medical office for sale with long-term lease and annual increases.

Property size:
14,592 SF

Property Features for 1935 Prairie Dell Rd

General Information

Size
14,592 SF

Building Details

Year built
1997

Source: Tim Franz Agent Tim Franz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Union Missouri Medical Investment Opportunity

Located in Union, Missouri, this property is leased to St. John's Mercy Health Care. The tenant has occupied the location since 2009 and recently completed a five-year extension through June 2029, with two percent annual increases. The property is located just south of Interstate 70, surrounded by dense residential areas and a strong retail corridor with national retailers nearby. Union, established in 1825, is located less than 30 minutes from West St. Louis County, off I-44 in Franklin County. The city has evolved from a farming town into a bedroom community and industrial hub, with a population of 9,000 residents and over 300 businesses. East Central College, with 3,500 students, is also located in Union. The property benefits from an absolute NNN lease, an early lease extension, and an excellent credit lessee. The location offers strong demographics and proximity to over 300 local businesses.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

East Central Animal Hospital

Location Insight

  • Map
  • Local Demand
City
Union
County
Franklin
State
Missouri
Longitude
-90.969075
Latitude
38.424388

FAQs

What type of property is this?
Medical office - Medical office for sale with long-term lease and annual increases.
Where is this medical office located?
The property is located at 1935 Prairie Dell Rd Union, MO.
What is the asking price?
The asking price for this property is $3,210,000.
What are key features of this property?
This property features: - Leased to St. John's Mercy Health Care, backed by the Catholic Church institution, providing a stable, creditworthy tenant.; - Absolute NNN lease structure offers a passive investment with minimal landlord responsibilities.; - Early five-year lease extension demonstrates tenant commitment, securing income through June 2029.
More about this property
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