1935 Prairie Dell Rd Union, MO 63084
Medical office for sale with long-term lease and annual increases.
Property size:
14,592 SFProperty Features for 1935 Prairie Dell Rd
General Information
- Size
- 14,592 SF
Building Details
- Year built
- 1997
Source:
Svnchicago
Listing 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 Office Space
Similar Places Nearby
East Central Animal Hospital
Location Insight
- Map
- Local Demand
- City
- Union
- County
- Franklin
- State
- Missouri
- Longitude
- -90.969075
- Latitude
- 38.424388
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Medical office for sale with long-term lease and annual increases.
Where is this medical office space 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.
