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Investment Highlights

  • 1080 Caroline Drive presents approx. 7,000-square-foot, second-generation medical office building spanning two stories on a 0.79-acre parcel.
  • Owner/user opportunity at a turnkey property equipped with private offices, a reception and waiting room, exam rooms, and abundant natural light.
  • Commercial corridor synergy stems from Walmart Supercenter, Schnucks, CrossFit, CVS Pharmacy, Lowe’s, Panera Bread, and Ollie’s Bargain Outlet.
  • Mercy Hospital Washington (the area’s largest employer) is 1 mile and is a 187-bed facility with a cancer center, maternity wing, and trauma center.
  • Highly visible and easily accessible, being prominently located at the corner of E State Hwy 47 and Hwy 100, visible to more than 43,000 VPD.
  • Education and health services employ the largest daytime employee count in the 10-mile radius, and $38M+ is spent annually on healthcare.

Executive Summary

Position your business for success with this exceptional medical/office space for sale in Washington, Missouri, just 50 miles west of St. Louis.

Ideally situated on a prominent corner lot, the property offers outstanding visibility and easy access for clients and staff, complemented by ample surface parking. As a second-generation medical office, previously home to a rheumatology practice, it is an ideal setting for a growing healthcare practice or professional office.

Washington combines small-town charm with modern conveniences, featuring a vibrant arts scene, scenic parks, and a diverse mix of local shops and dining options that enhance both work-life balance and client experience. Washington is approximately 50 miles west of St. Louis and is easily accessible via Highway 100, which runs through the heart of the city and connects it to surrounding communities.

1080 Caroline Drive’s 10-mile demographics confirm a growing population of 54,863 residents with a correlating average household income exceeding $94,900. Of the realm’s $38 million+ in health care spending, medical services account for the largest subset, followed by medical supplies and prescriptions.

Property tours are by appointment only. Please contact the listing broker to schedule.

Matterport 3D Tours

3D Exterior

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See the Combined Floor Plans
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See Flor 2 Floor Plan

Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Saint Louis - MO USA

Market Cap Rate

Saint Louis - MO USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Medical
Building Size
7,000 SF
Building Class
C
Year Built
1984
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,500 SF
Building FAR
0.20
Lot Size
0.79 AC
Parcel Number
10-7-260-2-008-118000
Zoning
C-2 - General Commercial District
Parking
31 Spaces (4.43 Spaces per 1,000 SF Leased)

Amenities

  • Kitchen
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
6,289
17,712
22,833
2020 Population
6,379
17,603
22,565
2030 Population
6,368
18,015
23,263
2025-2030 Projected Population Growth
1.3%
1.7%
1.9%
Daytime Employees
6,302
12,649
16,356
Total Businesses
892
1,602
1,808
Average Household Income
$91,398
$91,763
$95,044
Median Household Income
$79,582
$76,385
$81,433
Total Consumer Spending
$84.1M
$231.5M
$303.7M
Median Age
43.5
42.7
43.2
2025 Households
2,629
7,355
9,278
Percent College Degree or Above
16%
16%
15%
Average Home Value
$303,297
$303,662
$330,213
$ values in USD

Sale Advisor

Sale Advisor

Stephen Lordo, Vice President
Stephen is an Associate with the Office Brokerage Team in St. Louis specializing in tenant representation and participates in new business development and the client transaction process. Stephen is a licensed salesperson in Missouri.

Prior to joining the Office Brokerage Team with JLL, Stephen served as a Senior Transaction Coordinator for Cushman & Wakefield within the Portfolio Services Center. He executed the roll-out of multi-store expansion programs on behalf of Edward Jones, which included site selection, design and deal negotiations. Stephen has participated in deal negotiations and lease executions in 17 states within the U.S.

Stephen received his Bachelor of Science in Business Administration from the University of Missouri-Columbia and is a member of the National Society of Collegiate Scholars.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact

Keisha Hartshorn
Auctioneer License: Ten-X Arlene Richardson RE Brkr 2016002032
  • Listing ID: 34714522

  • Date on Market: 2026-08-17

  • Last Updated:

  • Address: 1080 Caroline Dr, Washington, MO 63090

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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