Marcus & Millichap negotiated the sale of 5500 S. Broadway St., a 62,856-square-foot medical office property in St. Louis, Missouri, for $6.3 million.
Dan Yozwiak and Darpan Patel, investment specialists in Marcus & Millichap’s Columbus office, represented the buyer in this transaction. Dave Saverin is the firm’s broker of record in Missouri.
The property was built in 2001 and previously operated as the Riverview Nursing Facility. The 1.2-acre site offers panoramic views of the Mississippi River and downtown St. Louis, and is located 1.5 miles from Carondelet Park and the Carondelet Park Rec Complex.
