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 Stay Pressed Juice Co., Taylor Dance Academy, East Gate Grocery, Shana’s Hair Salon, CNH Photography, USA Karate, Farmer’s Insurance and the Bricklayers Union. There is (1) Vacant Space in the center.
Exterior and Interior improvements completed in 2019.
*Licensed Real Estate Broker has ownership interest
Reduced Sale Price: $1,375,000
CAP Rate: 9%