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Francis Place 950 Francis Pl
61,200 SF 78% Leased Office Building Clayton, MO 63105 For Sale
Investment Highlights
- Predominately Medical Professional Tenants
- 61,200 SF building with 38 units
- 2 story parking garage
- Attractive smaller Tenant Spaces
- Renovated in 2014
- Incredible location w/ great highway visibility
Executive Summary
The property offers flexibility for an owner-user seeking to occupy a portion of the building and have additional income from the current and potential tenants. This could also be purchased by an investor with a lease-up strategy, most of the spaces are turn-key with several updates that were recently completed. Most of the tenants are long-standing tenants, in place rents are considerably below market and can be raised. The building does have some vacancies that can be filled at market rate to help boost returns.
This three-story structure is made up of 61,200 SF, 38 units, a 2 level parking garage, built in 1955 and renovated in 2014.
The location provides easy access to I-170 and I-64.
Reach out to the Brokers for more information.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
| Space | Size | Space Use | Condition | Available |
| Lower Level-Ste L101-111 | 1,662 SF | Office | Full Build-Out | Now |
| Lower Level-Ste L101-114 | 3,243 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 950-213 | 954 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 950-216 | 1,222 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 950-306 | 1,008 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 950-310 | 1,774 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 950-311 | 2,019 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 950-316 | 1,780 SF | Office | Full Build-Out | Now |
Lower Level-Ste L101-111
| Size |
| 1,662 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
Lower Level-Ste L101-114
| Size |
| 3,243 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 950-213
| Size |
| 954 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 950-216
| Size |
| 1,222 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 950-306
| Size |
| 1,008 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 950-310
| Size |
| 1,774 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 950-311
| Size |
| 2,019 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 950-316
| Size |
| 1,780 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
Lower Level-Ste L101-111
| Size | 1,662 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
Lower Level-Ste L101-114
| Size | 3,243 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
2nd Fl-Ste 950-213
| Size | 954 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
2nd Fl-Ste 950-216
| Size | 1,222 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
3rd Fl-Ste 950-306
| Size | 1,008 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
3rd Fl-Ste 950-310
| Size | 1,774 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
3rd Fl-Ste 950-311
| Size | 2,019 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
3rd Fl-Ste 950-316
| Size | 1,780 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Incredible location in Clayton Easy access to 170 & Highway 40 Ample parking 3.3/1000 - Parking garage Secured access to the building Charter fiber to the building All adjacent spaces on a floor can be combined to accommodate larger tenants
PROPERTY TAXES
| Parcel Number | 19K-24-0158 | Improvements Assessment | $1,102,750 |
| Land Assessment | $485,090 | Total Assessment | $1,587,840 |
PROPERTY TAXES
-
Tim McCarthy -
Garen Lafser -
James Anderson -
Salient Realty Group LLC
Presented by
Francis Place | 950 Francis Pl
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