Investment Opportunity - Lakepointe Centre
Investment Opportunity – Lakepointe Centre
15,600 SF 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 and FM Exteriors.
Exterior and Interior improvements completed in 2019.
Reduced Sale Price: $1,375,000
CAP Rate: 9%
1 Space for Lease – 1,019 SF – $10.00/SF, Gross