Investment - Fully Leased Retail Center
Investment Opportunity – Lakepointe Centre
15,600 SF Fully Leased O’Fallon Retail Center on Hwy 50. Located by new McKendree Metro Rec Plex in a growing corridor of O’Fallon with good access to I-64.
Current tenants include B&B Import, Taylor Dance Academy, East Gate Grocery, Iron Sharp Fitness, Shana’s Hair Salon, Tan Solutions, CNH Photography, 88 Keys, and FM Exteriors.
Exterior and Interior improvements completed in 2019.
Reduced Sale Price: $1,375,000
CAP Rate: 9%