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Investment Highlights

  • Prominent visibility and frontage along Interstate 70, with average daily traffic exceeding 150,000 vehicles.
  • Strong income profile supported by long-term medical and professional tenants across both properties.
  • Located in a fast-growing suburban corridor near major healthcare facilities, Mid Rivers Mall, and Lambert-St. Louis International Airport.
  • Recent capital improvements including roof replacement and fiber/cable upgrades for enhanced connectivity.
  • Parking ratios above market norms delivering exceptional convenience for staff and patients.

Executive Summary

This offering presents two institutional Class B medical office buildings strategically positioned along Interstate 70 in St. Peters, Missouri. Together totaling ±68,528 square feet, these assets deliver high visibility along a major corridor with traffic volumes exceeding 150,000 vehicles daily. Both properties feature modern layouts, strong parking ratios (4.5–4.7/1,000 SF), and consistent institutional maintenance, including recent roof upgrades and HVAC servicing.
The tenant mix across both sites reflects durable demand from medical and professional service providers. Collectively, the buildings maintain strong lease stability with a weighted average lease term of 4.1 years. 5301 Veterans Memorial is fully leased, generating consistent cash flow, and 5401 Veterans operates at 83.12% occupancy, offering immediate value-add potential with 5,676 SF of vacancy previously utilized as surgical facilities. Combined NOI for the portfolio is $806,927, supporting competitive returns at a 7.50% cap rate. Positioned within reach of Lambert-St. Louis International Airport and St. Charles County's core business district, the properties offer investors a secure income stream with growth upside.

Property Facts

Price $10,759,021
Price / SF $150.92 / SF
Cap Rate 7.50%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 71,290 SF
Total Land Area 5.23 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
St. Peters Corporate Centre II
5301 Veterans Memorial Pky, Saint Peters, MO 63376
Office 35,890 SF 2006 -
Mid Rivers Surgery Center
5401 Veterans Memorial Pky, Saint Peters, MO 63376
Office 35,400 SF 2003 -
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  • Listing ID: 40541953

  • Date on Market: 5/15/2026

  • Last Updated:

  • Address: Veterans Memorial Portfolio, Saint Peters, MO

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