1660 W Meyer Rd, Wentzville, MO 63385
For Sale
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This exceptional investment opportunity consists of two medical office buildings located in Wentzville and St. Charles, Missouri. The portfolio totals approximately 6,541 to 6,562 square feet and sits on a combined lot size of 0.77 to 1.14 acres. Both properties boast a 6.66% cap rate and are currently 100% occupied by Washington University Clinical Associates – Northwest Pediatrics under long-term leases. The Wentzville property, located at 1660 W Meyer Rd, 63385, commenced rent on December 8, 2005, and has a lease expiration date of January 1, 2027. The St. Charles property, situated at 11 Garvey Pkwy, 63303, began generating rent on February 1, 2002, with a lease expiration date of February 7, 2027. Both buildings were constructed between 2001 and 2005. The portfolio generates a substantial net operating income (NOI) of $292,312.91 annually, with a modified gross annual rent of $396,079.91. The properties benefit from convenient access to major highways, providing excellent visibility and accessibility for patients and staff. This is a rare opportunity to acquire a stable, high-performing medical office portfolio with significant long-term growth potential. The asking price for this exceptional investment is $4,390,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.