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711 Old Ballas Rd
Creve Coeur, MO 63141-7051
Asking Price
$3.45M
Asset Type
Medical Office Office
Class
Class B
What's Special
Office | 22,658 SqFt <ul><li>Two-story office and medical office building, ~22,658 SF</li><li>1.10-acre site</li><li>Built 1980, renovated 1992</li><li>Located in the Creve Coeur core business district</li><li>Direct access to Olive Boulevard, I-270, and West County corridors</li><li>Strong parking ratio</li><li>Professionally managed</li><li>Mix of private offices, small suites, and professional layouts</li><li>Parking ratio of 4 per 1,000 SF</li><li>New HVAC (2023)</li><li>Resurfaced parking lot (2024)<
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NOI
$80,000
Cap Rate
2.32%
DSCR
0.39
Underwater
Cash-on-Cash
-12.06%
Monthly Payment
$17,068.718
Annual Cash Flow
$-124,824.611
