1935 Prairie Dell Rd Union, MO 63084
Leased to St. John's Mercy Health Care through June 2029.
Type:Office
Property size:
14,592 SFPrice / SF:
$219/SF- Added:
- Jan 22, 2024
- Days on Market:
- 832
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 1935 Prairie Dell Rd
General Information
- Standard status
- Active
- Size
- 14,592 SF
- Property subtype
- Office
Building Details
- Year Built
- 1998
Listing agent Tim Franz License #IL 475153640
Listing office SVN | Chicago Commercial
Listing date Jan 22, 2024
Source Crexi
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 SVN | Chicago Commercial
Overview
Union, Missouri Medical Investment Opportunity
Located in Union, Missouri, the property is leased to St. John's Mercy Health Care, backed by the Catholic Church institution. The tenant has occupied the location since 2009 and has extended their lease through June of 2029, with two percent annual increases. The property is located at 1935 Prairie Dell Rd, Union, Missouri, 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 transformed 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 size is 14592 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Medical centers
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 center - Leased to St. John's Mercy Health Care through June 2029.
Where is this medical center 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 tenant; Lease extends through June 2029 with a recently completed early five‑year extension, ensuring long‑term income; Features **two percent (2%) annual rent increases**, offering built‑in revenue growth
