11775 Borman Dr - Medical FOR SALE


Saint Louis, MO 63146
$3,750,000 USD
305-812-2949
11775 Borman Dr, Saint Louis, MO for Sale
$3,750,000 USD
Medical - FOR SALE
1/24
null | Request Cap Rate

11775 Borman Dr
Saint Louis, MO 63146


HIGHLIGHTS

  • 61,820 SF office building with ribbon windows, an open lobby, multiple offices, numerous training rooms, and a staff kitchen.
  • In business park surrounded by related businesses including Home State Health, BioTAB Healthcare, Center for Head Injury Services, and more.
  • Serene area with easy access to travel routes I-270 and US 67.
  • Large, educated population with 94% having a high school degree or higher and 160,898 people in a 5-mile radius.
  • One mile from Westport Plaza, containing 200,000 SF of shopping, eating, and entertainment opportunities.

OVERVIEW

11775 Borman Dr is a 61,820-square-foot, low-rise office building on a 2.93-acre lot. With Ascension Care Management's lease continuing until June 2024. 11775 Borman Drive is a 3-story building with beautiful ribbon windows and ample parking space. The interior contains an open lobby, multiple offices, training and meeting rooms, a kitchen, and thousands of square feet of office space. The property is in Woodlands Business Park and is surrounded by businesses in related fields. Home State Health, BioTAB Healthcare, Center for Head Injury Services, and more are within the immediate vicinity. 11775 Borman Dr is in a less-trafficked part of the city and has access to several large interstates and state routes, making for an easy commute. Within a 2-mile radius, the office has access to I-270, US 67, MO-340, and Route D, leading to all parts of the surrounding area. Just 1-mile away from the property is Westport Plaza, 200,000-square-feet of shopping, eating, and entertainment venues. National retailers near 11775 Borman Dr include Starbucks, Subway, 7-Eleven, Trader Joe’s, and The Home Depot. 11775 Borman Drive is in a populated area with 160,898 people within a 5-mile radius. Also, within a 5-mile radius are 158,472 employed professionals. This population is educated, with 94% earning a high school degree or higher. They make incomes of $97,421 and work in sectors such as education and health services; trade, transportation, and utilities; and professional and business services. With healthcare-related tenants, it is important to note that $110,847,741 is spent annually on health care within a 5-mile radius. Property tours are available by appointment only. Please contact the listing broker to schedule.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

West Port

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

219

LAND DETAILS

LAND ACRES

2.93 AC

LAND SF

127,631 SF

ZONING

M-1, Maryland Hgts

APN/PARCEL ID

15N-14-1162

ASK ABOUT THIS PROPERTY

Sabina HoltzmanSt. Louis Commercial Real EstateMore Info
305-812-2949

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Sabina HoltzmanSt. Louis Commercial Real EstateMore Info
305-812-2949

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.