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31848869
31848829

3960 LINDELL BLVD, SAINT LOUIS, MO 63108

SR
MO 2019035835, CA 02101543 (+42)
ParaSell Inc
JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by ParaSell Inc, CrownPoint Partners
$3,395,000
44 days on market
Updated 42 days ago
Opportunity zone

MSH | 15 Yr Abs NNN | St. Louis, MO

Details
APN 39219100000
Property Type Retail, Office
Sub Type Medical Office, Dental office
Square Footage 12,960
Net Rentable (SqFt) 12,960
Units 1
Cap Rate 7.25%
NOI $246,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 2X 5 Year
Broker Co-Op True
Year Built 1955
Year Renovated 2026
Buildings 1
Stories 2
Acreage 0.450
Parking Spaces 20 spaces
Parking Per SqFt 1.54
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple

Dental Office | 7.25% CAP | Absolute NNN

Investment highlights

PROPERTY HIGHLIGHTS

• Brand New 15 Year Absolute Net Lease with National Dental Support Organization (DSO)

• Zero Landlord Responsibilities

• Attractive Annual 2% Rent Increases in Base Term and Options

• Essential Use Medical Tenant that is Resilient through Economic Cycles

• Tenant is a Well-Established Dental Support Organization (DSO) with over 30 Locations Nationwide • 12,960 SF Medical Facility Building Situated on .45 Acre Parcel with 20 On-Site Parking Spaces

• 75% Loan Quote Available For Qualified Investors, Enhancing Leveraged Returns

• Ideal For Private Investors or 1031 Exchange Buyers Seeking a Manageable, Income-Producing Healthcare Asset With Strong Credit Tenancy

• St. Louis is a Dynamic Market with a Diverse Economy Supported by Healthcare, Education, Manufacturing, Logistics, and Financial Services

• Situated on Lindell Blvd with Quick Access to I-64, I-44, and I-70, the Property Offers Excellent Visibility and Seamless Connectivity throughout the Greater St. Louis Region

LOCATION HIGHLIGHTS

• Prime Positioning Along Lindell Blvd in the Midtown Corridor, Surrounded by Strong Medical, Educational, and Retail Anchors.

• Adjacent to St. Louis University and just Minutes from Washington University, Providing a Steady Flow of Students, Faculty, and Staff Traffic.

• Close to SSM Health Saint Louis University Hospital and Multiple Specialty Medical Centers, Reinforcing Demand for Medical and Professional Services.

• Over 200,000 Residents within a 5-Mile Radius, Ensuring Consistent Consumer Demand.

• Quick Access to I-64, I-44, and I-70, Providing Seamless Regional Connectivity.

• Nearby Attractions include Forest Park, the St. Louis Art Museum, and the Missouri Botanical Garden, Supporting Strong Community Engagement.

• St. Louis Economy is Anchored by Healthcare, Education, Manufacturing, and Logistics, Providing a Stable Long-Term Foundation.

• Ongoing Redevelopment in Midtown and Central West End Neighborhoods Enhances Property Values and Investor Appeal.

Listing Contacts

SR
MO 2019035835, CA 02101543 (+42)
ParaSell Inc
JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by ParaSell Inc, CrownPoint Partners

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$246,000.00
$20,500.00/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

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Additional Information

Name
Scott Reid
License
2019035835
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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