Move-In Ready Medical Office
For Sale
Contact for pricing
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 Market215
Property Features for 5701 Chippewa St
General Information
Standard status
Active
Size
4,250 SF
Property subtype
OFFICE
Listing Agency:
Cornerstone Commercial Realty, Inc.
(314) 560-8114
Listed By:
Joseph Lampe · License #MO 2006038909
(314) 728-6007
Source:
Moodyscre
Added: Apr 1
Changed: Oct 25
Last Checked: Oct 30 at 1:48PM
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.
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$51,865
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,037,300
$1.0M
Cap Rate 7%
$740,929
$740.9K
Cap Rate 9%
$576,278
$576.3K
Market Conditions
NOI Build-Up for 4,250 SF
Gross rent
$94.9K $22.32/SF
− Vacancy
−$25.7K −$6.05/SF
EGI
$69.2K $16.27/SF
− OpEx
−$17.3K −$4.07/SF
NOI
$51.9K $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%
$1,037,300
Cap Rate 7%
$740,929
Cap Rate 9%
$576,278
Alternative Uses
Best Use
Office B
$740.9K
$648.3K – $864.4K
NOI $51,865 @ 7.0% cap · market cap 4.72%
Second Best
Healthcare Medical
$700.1K
$612.6K – $816.8K
NOI $49,005 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$912.1K
$798.1K – $1.06M
NOI $63,849 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Jewell Animal Hospital — 6400 Chippewa St, St. Louis, MO 63109
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- King Jay DVM — 3725 Watson Rd, St. Louis, MO 63109
- Watson Road Veterinary Clinic — 3725 Watson Rd, St. Louis, MO 63109
- St Louis Cat Clinic — 3460 Hampton Ave #101, St. Louis, MO 63139
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
