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Move-In Ready Medical Office Facility
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5701 Chippewa St, Saint Louis, MO 63109

Former urgent care facility with a patient-focused layout, exam rooms, lab space, and dedicated on-site parking.

Property Size4,250 SF
Price / SF$258.82
Days on Market121

Property Features for 5701 Chippewa St

General Information

Standard status Active
Size 4,250 SF
Property subtype OFFICE
Listing Agency: Cornerstone Commercial Realty, Inc.
Listed By: Jason M Morgan · License #1999020228
Source: Moodyscre
Added: Apr 1 Changed: Jul 30 Last Checked: Jul 30 at 12:35PM

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 Cornerstone Commercial Realty, Inc.

Investment Insights

Based on property information with market context.

Move-in ready former urgent care facility at 5701 Chippewa St, positioned for medical and dental use. The space is laid out for a patient-centric experience with a large reception and waiting area, multiple exam and procedure rooms, existing plumbing throughout, lab space, private offices, and staff support areas.

Located in South St. Louis on Chippewa’s main retail corridor, the property is described as highly visible with strong frontage. The facility also includes excellent access and dedicated on-site parking.

The existing improvements are designed to support day-to-day clinical operations, with dedicated areas for exams, procedures, lab functions, and staff administration.

Key Highlights

  • Former urgent care facility with large reception and waiting area
  • Multiple exam and procedure rooms with existing plumbing throughout
  • Lab space plus private offices and staff support areas

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 $94.9k $22.32
− Vacancy −$25.7k −$6.05
EGI $69.2k $16.27
− OpEx −$17.3k −$4.07
NOI $51.9k $12.20
4,250 SF · lease $22.32/SF/yr · vacancy 27.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$740.9K
$648.3K – $864.4K (±1% cap)
NOI $51,865 @ 7.0% cap · market cap 4.72%
Second Best
Healthcare Medical
$700.1K
$612.6K – $816.8K (±1% cap)
NOI $49,005 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$912.1K
$798.1K – $1.06M (±1% cap)
NOI $63,849 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage Building Supply Electrical Service Computer & Electronic Repair HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby
Under-served
Demand for This Use

Demographics for 63109, MO

26,777
Population
14,963
Households
1.8
Avg Household Size
39
Median Age
52%
College-Educated
96%
High-School Grad
3.5 sq mi
ZIP Area
7,651
Density / Sq Mi
$71,563
Median Household Income
$52,245
Median Earnings
$929
Median Rent
$244,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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  • Jewell Animal Hospital — 6400 Chippewa St, St. Louis, MO 63109

Frequently Asked Questions

What type of property is this?
Medical Office Space - Former urgent care facility with a patient-focused layout, exam rooms, lab space, and dedicated on-site parking.
Where is this medical office space located?
The property is located at 5701 Chippewa St Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Former urgent care facility with large reception and waiting area; Multiple exam and procedure rooms with existing plumbing throughout; Lab space plus private offices and staff support areas
(314) 560-8114 Call to check price and availability
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