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4280 Mid America Lane, St. Louis, MO, 63129

Mercy Health Primary Care

$4,828,350

Key Information

Cap Rate
6.5%
$ per SF
$404
Tot. SF
11,925
Lot Size
1.02 Acres
Year Built
2016
Term Remaining
± 10.11 Years
Type
Healthcare
NOI
$313,843

Highlights

• Corporate Lease Guaranty from Mercy Health | A+ Credit Rating (S&P Global) | Investment Grade
• Long-Term Lease | 20-Year Initial Term | Four (4) Five-Year Renewal Options
• Purpose-Built Medical Facility | Sticky Healthcare Tenancy | Designed Specifically for Mercy Health
• Leasehold Investment | Favorable Depreciation Opportunity
• 1.5% Annual Rental Increases | Built-In Inflation Protection
• Triple-Net Lease Structure | Passive Investment
• One of the Nation’s Largest Health Systems | $10.2 Billion in Annual Revenue
• Strategic St. Louis Location | 142,000+ VPD Along Interstate 55 | Ideal Retail Dense Location
• 175K Dense & Affluent South St. Louis Demographics
• Located Within an Established Medical & Commercial Corridor
• Mission-Critical Outpatient Healthcare | Recession-Resistant Asset Class
• Limited Landlord Obligations | Predictable Ownership Costs
• Ideal 1031 Exchange Opportunity | Predictable Long-Term Cash Flow

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 2017010164, 2022018843 (MO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203