4400 Laclede Ave. & 5-11 S. Newstead Ave.
Prime Central West End Location | Available for Sale or Lease
Marketing description
CBRE, as the exclusive investment advisor and broker, is pleased to present 4400 Laclede Avenue & 5–11 S. Newstead Avenue (the “Property”) for sale or lease. This offering represents a rare opportunity to acquire two adjacent properties at the signalized corner of Laclede Avenue and South Newstead Avenue in the heart of the Central West End.
The Property consists of a vacant mixed‑use building at 4400 Laclede featuring four finished floors, along with an adjacent building fronting Newstead Avenue comprised of three commercial spaces. In total, the offering spans approximately 11,610 sq. ft. across both buildings, providing significant scale and flexibility for a variety of uses, including retail, office, or potential residential conversion.
Positioned within one of St. Louis’ most dynamic and walkable neighborhoods, the Property benefits from immediate proximity to the Central West End’s vibrant retail and dining corridor, as well as nearby access to Forest Park. The location is further supported by close proximity to major employment and institutional anchors, including Barnes‑Jewish Hospital, Washington University School of Medicine, and the Cortex Innovation District.
With its prominent corner positioning, vacant status, and adaptable layout, 4400 Laclede Avenue & 5–11 Newstead Avenue presents a compelling value‑add or redevelopment opportunity within a premier infill location.
Investment highlights
- Prime Central Corridor location in the Cortex, BJC/WashU medical and innovation hub
- Strong demographics with proximity to Washington University, SLU, and major employers
- Positioned in a high-growth, innovation-driven submarket with continued public/private investment
- Excellent accessibility to I-64/40, I-44, and major arterial routes
- Walkable area with nearby dining, retail, and entertainment amenities
- Opportunity for value-add through redevelopment, repositioning, or lease-up
- Located within an Enterprise Zone offering potential tax incentives
- High visibility and frontage along Laclede Ave. and Newstead Ave.
- Diverse potential uses including office, lab, mixed-use, or multifamily (subject to zoning)
- Strong long-term demand drivers from healthcare, biotech, and education sectors
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