Webster Groves Investment
$1,119,500
8730 Big Bend Boulevard, St. Louis, MO 63119
6.47
Cap Rate
72,400
NOI
Details:
Highlights:
- 7 of 8 units leased with rents up to $48 psf
- 5,239 SF single-story building on 0.14 acres
- High-visibility corridor with 57,840 VPD on I-44 and 10,942 VPD on Big Bend Blvd
- Located in the Crossroads Business District of Webster Groves
- Affluent surrounding demographics with $200,000+ average household income (1-mile)
- Rear access to 21-space public parking lot plus curbside parking
- Clear repositioning and lease-up upside with 2,600 SF front-facing vacancy
Description:
Investment Opportunity – 8730 Big Bend Blvd | Webster Groves, MO
Price: $1,119,500 8730
Big Bend Blvd is a 5,239 SF single-story historic Art Deco office building located in the highly desirable Crossroads Business District of Webster Groves, just north of the I-44 / Elm Ave interchange. Originally designed as a neighborhood pharmacy in 1925, the building retains many of its original architectural elements, including glass block windows, terrazzo flooring, and strong street frontage along Big Bend Blvd.
The property consists of 8 total office suites, with 7 currently leased and one 2,600 SF suite NEWLY vacant, offering immediate owner-user or value-add leasing potential while maintaining income from existing tenants.
The building is efficiently configured with two shared restrooms and a kitchenette, and is fully heated and cooled by a 10-ton rooftop HVAC unit. All utilities are available, including high-speed internet from Charter and AT&T.
The property is located near Webster University and surrounded by a curated mix of neighborhood and destination businesses, including Off Elm, Bagel Union, Iron Blade Barber, Sylvie Dee’s Ice Cream, and Betty’s Books. Webster Groves is widely known for its walkable commercial districts, strong community support, and convenient access to the greater St. Louis metro area.
8730 Big Bend Blvd presents a rare opportunity to acquire a historic office asset in one of St. Louis County’s most desirable submarkets with immediate leasing upside.
Documents:
| Title | ||
|---|---|---|
|
Environmental No Further Action
|
||
|
Performa
|
||
|
Boundary Line Survey
|
||
|
Survery
|
||
|
Brochure_updated_030626.pdf
|
Location
Gallery