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4359 Lindell Blvd
Saint Louis, MO 63108
Office Property For Sale
Investment Highlights
- Ideally suited for multifamily, hotel, senior living, or mixed-use space redevelopment
- Excellent 1-mile demographics with an Average Household Income of $106,307 and Average Home Value of $473,687
- Extremely high barrier to entry market for new construction multifamily product due to limited land availability
- Located 1-mile from the largest and most prestigious hospital in Missouri, Barnes-Jewish Hospital (BJC) and 2 miles from SLU Hospital
- Proximity to Forest Park with access to retail, dining & entertainment options in CWE Neighborhood
- Less than five miles from Downtown Clayton’s vibrant central business district with its many retail shops, hotels and restaurants
Executive Summary
CBRE, as exclusive investment advisor and broker, is pleased to offer for sale 4359 Lindell Blvd. (the “Property”). The Property is currently operating as office space. With 1.47 acres available, 4359 Lindell Blvd. is ideally suited for multifamily, hotel, senior living, or mixed-use space redevelopment.
With its irreplaceable location in St. Louis’ Central West End, one of St. Louis’ highest growth submarkets, the property benefits from direct proximity to Forest Park, Clayton CBD and the Cortex Innovation District. The Property is also just steps from BJC Healthcare, the #1 employer in the St. Louis MSA and a major economic powerhouse for the area.
With its irreplaceable location in St. Louis’ Central West End, one of St. Louis’ highest growth submarkets, the property benefits from direct proximity to Forest Park, Clayton CBD and the Cortex Innovation District. The Property is also just steps from BJC Healthcare, the #1 employer in the St. Louis MSA and a major economic powerhouse for the area.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
10,381 SF
Building Class
B
Year Built/Renovated
1965/2017
Price
$3,700,000
Price Per SF
$356.42
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,381 SF
Building FAR
0.16
Lot Size
1.47 AC
Zoning
E
Parking
90 Spaces (8.67 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 3908-00-0320-0 | Improvements Assessment | $328,300 |
| Land Assessment | $122,800 | Total Assessment | $451,100 |
Property Taxes
Parcel Number
3908-00-0320-0
Land Assessment
$122,800
Improvements Assessment
$328,300
Total Assessment
$451,100
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