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Office Medical

Schroeder Creek Dental MOB

1000 Schroeder Creek Blvd, Wentzville, MO 63385

Listing Price: $5,168,364

Cap Rate
5.43%
Gross SF
14,213
Rentable SF
14,213
Price/Gross SF
$363.64
Occupancy
100.0%
Year Built
2004
Lot Size
0.48 acres

Investment Overview

Marcus & Millichap is pleased to present the Schroeder Creek Dental Medical Office Building in Wentzville, Missouri. The building is currently 100 percent occupied consisting of five tenants: Schroeder Creek Dental, Midwest Oral and Maxillofacial Surgery, St. Louis Pediatrics, Otto Orthodontics, and Wentzville Endodontics. The property is located in the high growth market of Wentzville, Missouri surrounded by nearby national retail. The building is 14,213 square-feet, with a 2022 NOI of $280,755 (3 percent annual rent bumps). All leases, except Midwest Oral and Maxillofacial (five-years remaining with five-year options), have 10 years remaining on their leases. All leases are triple-net (NNN). Don't miss your opportunity at owning a reliable, fully-occupied Medical Office Building in the highly-sought-after and fast-growing Saint Charles County!

Investment Highlights

  • Multi-Tenant Medical/Dental Specialty Building
  • Triple-Net (NNN) Leases in Place with Healthy Rental Rates
  • High Growth Market with Robust Demographics
  • Nearby National Retail
  • Annual 3 Percent Rent Increases
  • 100 Percent Occupied
  • Long Term Leases - All Tenants Except for Midwest Oral and Maxillofacial (Five Years Remaining with Five Year Option) Have 10 Years Remaining on Their Leases

Exclusively Listed By

Office Medical

Schroeder Creek Dental MOB

Listing Price: $5,168,364

Cap Rate
5.43%
Gross SF
14,213
Rentable SF
14,213
Price/Gross SF
$363.64
Occupancy
100.0%
Year Built
2004
Lot Size
0.48 acres

Investment Highlights

  • Multi-Tenant Medical/Dental Specialty Building
  • Triple-Net (NNN) Leases in Place with Healthy Rental Rates
  • High Growth Market with Robust Demographics
  • Nearby National Retail
  • Annual 3 Percent Rent Increases
  • 100 Percent Occupied
  • Long Term Leases - All Tenants Except for Midwest Oral and Maxillofacial (Five Years Remaining with Five Year Option) Have 10 Years Remaining on Their Leases

Investment Overview

Marcus & Millichap is pleased to present the Schroeder Creek Dental Medical Office Building in Wentzville, Missouri. The building is currently 100 percent occupied consisting of five tenants: Schroeder Creek Dental, Midwest Oral and Maxillofacial Surgery, St. Louis Pediatrics, Otto Orthodontics, and Wentzville Endodontics. The property is located in the high growth market of Wentzville, Missouri surrounded by nearby national retail. The building is 14,213 square-feet, with a 2022 NOI of $280,755 (3 percent annual rent bumps). All leases, except Midwest Oral and Maxillofacial (five-years remaining with five-year options), have 10 years remaining on their leases. All leases are triple-net (NNN). Don't miss your opportunity at owning a reliable, fully-occupied Medical Office Building in the highly-sought-after and fast-growing Saint Charles County!

Exclusively Listed By

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