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Office Medical

Sunset Medical Building

10777 Sunset Office Dr, St. Louis, MO 63127

Listing Price: $7,211,687

Cap Rate
7.00%
Rentable SF
52,297
Occupancy
90.0%
Year Built
1978
Lot Size
3.19 acres

Investment Overview

Marcus & Millichap is pleased to present the opportunity to
acquire the fee simple interest in Sunset Medical, a 52,237-
square-foot premier medical office building located at 10777
Sunset Office Drive, Sunset Hills, MO. Strategically situated with
direct access to Route 44 (100,000+ VPD), Interstate 270
(140,000 VPD), and Lindbergh Road (33,000+ VPD). The
property ensures excellent connectivity to the St. Louis area's
larger markets. Currently, Sunset Medical is 90.2% leased with
diverse and reputable tenants. The property promises stable cash
flows with a weighted average lease term (WALT) of
approximately 2.35 years, offering potential investors a reliable
investment in the robust healthcare sector.

Sunset Medical is anchored by reputable healthcare tenants, including
Mercy Health East, DDS Periodontics/Implant Dentistry, St.
Joseph Carondelet Generalate, among others. 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 9.8% vacancy.

Designed as a premier medical office building, Sunset 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.

Investment Highlights

  • Prime Healthcare Asset – strategically located in Sunset, MO, with easy access to Interstate 270, Route 44, and Lindbergh Road.
  • Anchored by Reputable Tenants – featuring Mercy Health East Communities (38.9% of GLA), DDS Periodontics/Implant Dentistry (10.3% of GLA), and St. Joseph Carondelet Generalate (9.6% of GLA).
  • Strong Vehicle Traffic – average vehicle per day on Interstate 270 is 140,000, Route 44 100,000+, and Lindbergh 33,000+.
  • Value-Add Opportunity – 9.8% 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 $504,817 providing reliable cash flow for investors.
  • Diverse Tenant Base – a mix of great healthcare tenants ensures a balanced and stable rent roll.
  • Renovations – Complete interior renovations and an additional $450,000 was invested into building a new roof.

Exclusively Listed By

Financing By

Office Medical

Sunset Medical Building

Listing Price: $7,211,687

Cap Rate
7.00%
Rentable SF
52,297
Occupancy
90.0%
Year Built
1978
Lot Size
3.19 acres

Investment Highlights

  • Prime Healthcare Asset – strategically located in Sunset, MO, with easy access to Interstate 270, Route 44, and Lindbergh Road.
  • Anchored by Reputable Tenants – featuring Mercy Health East Communities (38.9% of GLA), DDS Periodontics/Implant Dentistry (10.3% of GLA), and St. Joseph Carondelet Generalate (9.6% of GLA).
  • Strong Vehicle Traffic – average vehicle per day on Interstate 270 is 140,000, Route 44 100,000+, and Lindbergh 33,000+.
  • Value-Add Opportunity – 9.8% 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 $504,817 providing reliable cash flow for investors.
  • Diverse Tenant Base – a mix of great healthcare tenants ensures a balanced and stable rent roll.
  • Renovations – Complete interior renovations and an additional $450,000 was invested into building a new roof.

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the fee simple interest in Sunset Medical, a 52,237- square-foot premier medical office building located at 10777 Sunset Office Drive, Sunset Hills, MO. Strategically situated with direct access to Route 44 (100,000+ VPD), Interstate 270 (140,000 VPD), and Lindbergh Road (33,000+ VPD). The property ensures excellent connectivity to the St. Louis area's larger markets. Currently, Sunset Medical is 90.2% leased with diverse and reputable tenants. The property promises stable cash flows with a weighted average lease term (WALT) of approximately 2.35 years, offering potential investors a reliable investment in the robust healthcare sector. Sunset Medical is anchored by reputable healthcare tenants, including Mercy Health East, DDS Periodontics/Implant Dentistry, St. Joseph Carondelet Generalate, among others. 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 9.8% vacancy. Designed as a premier medical office building, Sunset 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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