3915 Watson Rd, St. Louis, MO 63109 For Sale

Marcus & Millichap is pleased to present the Watson Medical Building located at 3915 Watson Rd located in St. Louis, Missouri ("Property"). The 3-level multi-tenant medical office building is approximately 32,621 gross square feet situated on approximately 0.78 acres acres land encompassing two separate parcels. The Property was constructed in 1966, expanded 1984 and refurbished in 2023; the elevators and fire panel where upgraded in 2025. The Property is 72.2% occupied with 8 medical tenants. There are 11 suites, 3 are vacant second generation and previously servied as an imaging center and another as physical therapy.

Mercy Health (S&P: A+ Credit Rating) occupies 22.4% and Missouri Foot & Ankle occupies 11.2%, and they both recently renewed with 5-year options through 1031. The Property provides for passive in-place income and is being offered at a 7.32% CAP on Current Income and 9.99% CAP on Proforma Income.

The Property is situated 5.75-miles southeast of downtown St. Louis just north of Highway 366 ) Chippawa Rd. in the St. Louis Hills and the Linwood Park areas within walking distance to food, retail, banking, office and several commercial services. The Property is 3.75-miles from SSM Health St. Louis University Hospital a 365- bed tertiary-care, academic medical center and Level 1 Trauma Center.

St. Louis, Missouri and its surrounding communities has a population of 379,908 within a 5-mile radius. The Property benefits from an average household income of $103,880 and a median home value of $798,936 within 1-mile radius.