20 Feb AEI Capital Acquires Missouri Healthcare Property 100% leased and occupied by Mercy Health
Quick Overview:
AEI is pleased to announce the all-cash property acquisition of a Mercy East Health medical clinic, 100% leased to Mercy Health under a long-term net lease, located in O’Fallon, Missouri, on February 18, 2025.
Property Overview:
• Address: 300 Winding Woods Drive, O’Fallon, Missouri
• Purchase Price: $11,345,000
• Building Area: 44,645 sq/ft.
• Land Area: 3.94 acres
Location Highlights:
• Located 30 Miles from downtown Saint Louis
• Location offers multi-specialty in numerous medical fields
• Mercy is one of the 20 Largest U.S. Health Systems / 6th largest Catholic Health System
• Mercy employs over 2,400 Physicians and 2,200 Advanced Practitioners
• Clinic is equipped with advanced medical technologies, offering diagnostic imaging services, therapeutic ultrasound, and other cutting-edge treatment options
Saint Paul, MN. February 18, 2025 — AEI Capital Corporation completed the acquisition of a healthcare property located in O’Fallon, Missouri. O’Fallon is an affluent suburb located approximately 30 miles northwest of downtown St. Louis and is home to a population of approximately 90,000 residents. As part of the St. Louis metropolitan area, O’Fallon contributes to the region’s status as a prominent metropolitan statistical area (MSA) in the Midwest.
The multispecialty healthcare facility spans 44,645 square feet and is currently leased to Mercy Health, one of the largest and most respected Catholic healthcare systems in the United States. Mercy Health operates an extensive network of hospitals, clinics, outpatient facilities, and specialized care centers across Missouri and the broader region.
The Mercy Health O’Fallon location exemplifies Mercy Health’s commitment to high-quality, compassionate care, by prioritizing patient-centered services, ensuring comprehensive and accessible healthcare solutions for the communities it serves. The property accommodates a wide range of multi-specialty healthcare services, including pediatrics, orthopedics, bariatrics, audiology, maternal and fetal healthcare, family medicine, primary care, and more. The property is equipped with state-of-the-art imaging capabilities, therapeutic ultrasounds, and provides exceptional, best-in-class care across all services. This facility ensures comprehensive, high-quality healthcare to meet the diverse needs of its patients.
About AEI Capital Corporation
With a 50-year track record, AEI Capital Corporation is one of America’s most experienced net leased commercial real estate sponsors. AEI has acquired hundreds of single-tenant, net leased income-producing retail, and healthcare properties across America for its Fund and 1031 DST offerings.
AEI Capital is a leading commercial real estate debt free buyer and focuses on acquiring free-standing, single-tenant, net-leased commercial properties occupied by national corporate tenants of investment-grade credit quality. To learn more about AEI and our acquisition criteria, visit aeifunds.com
Contact
Jon Stecher
SVP – Capital Markets & Strategy
jstecher@aeifunds.com