830-850 Horan Dr Fenton, MO 63026
This exceptional investment opportunity presents a three-tenant, 9,658-square-foot Class B medical office building situated on a 1.33-acre lot in Fenton, Missouri. The property, built in 1996, boasts a desirable 6/1,000 parking ratio and is currently 100% occupied. Suite 850 is immediately available, while Suite 830 will become available January 1, 2025. Suite 832 is leased until August 31, 2026. This multi-tenant building offers excellent visibility with building and pylon signage. Its prime location provides easy access to Interstates 44 and 270, and its proximity to SSM St. Clare Hospital & Medical Campus makes it highly attractive. The asking price is $1,950,000, and the lease type is NNN. This property represents a strong investment opportunity in a thriving medical market. The address is 830-850 Horan Drive, Fenton, MO 63026.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.