Office Medical
Hazelwood Medical Building
637 Dunn Rd, Hazelwood, MO 63042
Listing Price: $17,950,366
Investment Overview
Marcus & Millichap is pleased to present the
opportunity to acquire the fee simple interest in Hazelwood
Medical (the “Offering” or the “Property”), a 75,607-
square-foot premier medical office building situated in
Hazelwood, MO. Strategically located at 637 Dunn Road,
the Property offers direct access to Interstate 270 (VPD
89,000), connecting it to major markets in the St. Louis
region. The Property is currently 94.9% leased, with a
4.68 years weighted average lease term (WALT), providing
potential investors with stable cash flow and the
opportunity to capitalize on a highly sought-after
healthcare-focused tenant base.
Hazelwood Medical is anchored by reputable healthcare tenants, including
Mercy Health East Communities, Esse Health Florissant Internal
Medicine, DaVita Dialysis and SSM Select Rehab St. Louis, LLC. This
tenant mix ensures long-term stability, supported by industries with consistent
demand. The Offering represents a unique opportunity to acquire a property
with established cash flow and value-add potential through leasing the
remaining 5.1% vacancy.
Designed as a premier medical office building, Hazelwood Medical has been
updated to meet modern healthcare standards while maintaining its
professional appeal. The building’s infrastructure supports a range of
healthcare uses, ensuring adaptability for various tenant needs.
Hazelwood Medical Building
Investment Highlights
- Prime Healthcare Asset – strategically located in Hazelwood, MO, with easy access to Interstate 270 and Lindbergh Road.
- Anchored by Reputable Tenants – Mercy Health East Communities (28.6% of GLA), Esse Health Florissant Internal Medicine (22.6% of GLA), DaVita Dialysis (12.6% of GLA) and SSM (7.0% of GLA).
- Strong Lease Metrics – weighted average lease term (WALT) of 4.68 years, ensuring stable and predictable income streams
- Strong Vehicle Traffic – average vehicle per day on Interstate 270 is 140,000 and on N Lindbergh Blvd the average daily vehicles per day is 50,000.
- Value-Add Opportunity – 5.1% vacancy allows for potential income growth and additional tenant diversification.
- Resilient Asset Class – healthcare properties remain in demand, benefiting from consistent rent growth and low vacancy rates.
- Established Income Streams – stabilized NOI of $1,256,526, providing reliable cash flow for investors.
- Diverse Tenant Base – a mix of 100% healthcare tenants ensures a balanced and stable rent roll.
Exclusively Listed By
Financing By
Listing Price: $17,950,366
Investment Highlights
- Prime Healthcare Asset – strategically located in Hazelwood, MO, with easy access to Interstate 270 and Lindbergh Road.
- Anchored by Reputable Tenants – Mercy Health East Communities (28.6% of GLA), Esse Health Florissant Internal Medicine (22.6% of GLA), DaVita Dialysis (12.6% of GLA) and SSM (7.0% of GLA).
- Strong Lease Metrics – weighted average lease term (WALT) of 4.68 years, ensuring stable and predictable income streams
- Strong Vehicle Traffic – average vehicle per day on Interstate 270 is 140,000 and on N Lindbergh Blvd the average daily vehicles per day is 50,000.
- Value-Add Opportunity – 5.1% vacancy allows for potential income growth and additional tenant diversification.
- Resilient Asset Class – healthcare properties remain in demand, benefiting from consistent rent growth and low vacancy rates.
- Established Income Streams – stabilized NOI of $1,256,526, providing reliable cash flow for investors.
- Diverse Tenant Base – a mix of 100% healthcare tenants ensures a balanced and stable rent roll.
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire the fee simple interest in Hazelwood Medical (the “Offering” or the “Property”), a 75,607- square-foot premier medical office building situated in Hazelwood, MO. Strategically located at 637 Dunn Road, the Property offers direct access to Interstate 270 (VPD 89,000), connecting it to major markets in the St. Louis region. The Property is currently 94.9% leased, with a 4.68 years weighted average lease term (WALT), providing potential investors with stable cash flow and the opportunity to capitalize on a highly sought-after healthcare-focused tenant base. Hazelwood Medical is anchored by reputable healthcare tenants, including Mercy Health East Communities, Esse Health Florissant Internal Medicine, DaVita Dialysis and SSM Select Rehab St. Louis, LLC. This tenant mix ensures long-term stability, supported by industries with consistent demand. The Offering represents a unique opportunity to acquire a property with established cash flow and value-add potential through leasing the remaining 5.1% vacancy. Designed as a premier medical office building, Hazelwood Medical has been updated to meet modern healthcare standards while maintaining its professional appeal. The building’s infrastructure supports a range of healthcare uses, ensuring adaptability for various tenant needs.
Exclusively Listed By
Financing By
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