314-451-7145
950 Francis Pl, Clayton, MO for Sale
Medical - FOR SALE
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950 Francis Pl
Clayton, MO 63105


HIGHLIGHTS

  • Predominately Medical Professional Tenants
  • Attractive smaller Tenant Spaces
  • 61,200 SF building with 38 units
  • Renovated in 2014
  • 2 story parking garage
  • Incredible location w/ great highway visibility

OVERVIEW

Salient Realty Group is pleased to present an incredible opportunity to own a prime investment opportunity in the prestigious Clayton office submarket. The property features an attractive tenant mix that is made up of mostly medical professionals. This property presents several opportunities including: owner-occupant, value add investment and/or continuing the lease up to medical professionals. The property offers flexibility for an owner-user seeking to occupy a portion of the building and have additional income from the current and potential tenants. This could also be purchased by an investor with a lease-up strategy, most of the spaces are turn-key with several updates that were recently completed. Most of the tenants are long-standing tenants, in place rents are considerably below market and can be raised. The building does have some vacancies that can be filled at market rate to help boost returns. This three-story structure is made up of 61,200 SF, 38 units, a 2 level parking garage, built in 1955 and renovated in 2014. The location provides easy access to I-170 and I-64. Reach out to the Brokers for more information.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Francis Place

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

C-2

APN/PARCEL ID

19K-24-0158

ASK ABOUT THIS PROPERTY

Tim McCarthySalient Realty Group LLCMore Info
314-451-7145

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Tim McCarthySalient Realty Group LLCMore Info
314-451-7145

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