Medical Office
4280 Midamerica Plz, Saint Louis, MO 63129
For Sale
New
Contact for pricing
The lease carries a corporate guaranty from Mercy Health and includes multiple renewal options.
Property Size11,925 SF
Price / SF$330.21
Days on Market4
Property Features for 4280 Midamerica Plz
General Information
Standard status
Size
Property subtype
Additional Details
Tenant in Place
Property Use
Building Details
Tenancy
Listing Agency:
Matthews Real Estate Investment Services
(866) 889-0550
Listed By:
Antonio Diona · License CA #02037030
(818) 923-6366
Source:
Moodyscre
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:39PM
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 Matthews Real Estate Investment Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 11,925-square-foot medical office property was designed for healthcare use. Its lease is supported by a corporate guaranty from Mercy Health, which has an A+ rating from S&P Global.
The initial lease term is 20 years, followed by four five-year renewal options.
The initial lease term is 20 years, followed by four five-year renewal options.
Key Highlights
- 11,925‑square‑foot medical facility designed for healthcare use
- Corporate lease guaranty from Mercy Health
- A+ credit rating from S&P Global
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,526
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,910,520
$2.9M
Cap Rate 7%
$2,078,943
$2.1M
Cap Rate 9%
$1,616,956
$1.6M
Market Conditions
NOI Build-Up for 11,925 SF
Gross rent
$266.2K $22.32/SF
− Vacancy
−$72.1K −$6.05/SF
EGI
$194.0K $16.27/SF
− OpEx
−$48.5K −$4.07/SF
NOI
$145.5K $12.20/SF
Area
St. Louis County, MO
Vacancy
27.10%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,910,520
Cap Rate 7%
$2,078,943
Cap Rate 9%
$1,616,956
Alternative Uses
Best Use
Office B
$2.08M
$1.82M – $2.43M
NOI $145,526 @ 7.0% cap · market cap 3.70%
Second Best
Healthcare Medical
$1.96M
$1.72M – $2.29M
NOI $137,501 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,152 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63129, MO
53,432
Population
21,945
Households
2.4
Avg Household Size
44
Median Age
42%
College-Educated
95%
High-School Grad
20.9 sq mi
ZIP Area
2,557
Density / Sq Mi
$91,920
Median Household Income
$51,526
Median Earnings
$1,087
Median Rent
$278,800
Median Home Value
Market
Properties on Market for Medical Office Space in St. Louis County
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Zoey Vet — 4814 Lemay Ferry Rd, St. Louis, MO 63129
- Southwick Veterinary Hospital — 4814 Lemay Ferry Rd #1528, St. Louis, MO 63129
Frequently Asked Questions
What type of property is this?
Medical Office Space - The lease carries a corporate guaranty from Mercy Health and includes multiple renewal options.
Where is this medical office space located?
The property is located at 4280 Midamerica Plz Saint Louis, MO.
What is the asking price?
The asking price for this property is $3,937,754.
What are key features of this property?
This property features: 11,925‑square‑foot medical facility designed for healthcare use; Corporate lease guaranty from Mercy Health; A+ credit rating from S&P Global
