1935 Prairie Dell Rd Union, MO 63084
- Medical offices
- 14,592 SF
- 4.00 lot acres
Current Use by Public Records
- Medical offices
Property Details for 1935 Prairie Dell Rd
- Year built
- 1998
- Lot size
- 4.00 lot acres
- Property size
- 14,592 SF
- Property type
- Medical offices
- APN
- 17-7-360-0-006-039200
Description
This exceptional investment opportunity presents a 14,592 square foot Class A medical office building in Union, Missouri. Located at 1935 Prairie Dell Rd, this single-story building, constructed in 1998, sits on a 4-acre lot. The property is currently under an absolute NNN lease with Mercy Health Clinic, a tenant with excellent credit, extending through June 2029. The lease includes a favorable early extension and a 2% annual rent increase. The building benefits from a strong location within a thriving community, boasting over 300 local businesses in close proximity. Union, Missouri, a growing town with approximately 9,000 residents and over 300 businesses, offers a compelling combination of small-town charm and big-city opportunities. Its strategic location, just south of Interstate 70 and near Interstate 44, provides easy access to West St. Louis County. The area's robust demographics and the presence of East Central College further enhance the property's investment appeal. This is a rare opportunity to acquire a stable, high-performing asset in a rapidly developing market. The asking price is $3,031,000, representing a price per square foot of $207.72. The property's strong tenant, favorable lease terms, and prime location make it an attractive investment for discerning buyers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Union
- County
- Franklin
- State
- Missouri
- Longitude
- -90.97172596908
- Latitude
- 38.429816212825
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
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Visits by month1.3k
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Visitors by month789
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Avg Time on site35 min