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618-277-4400

Excellent Investment Opportunity | Fully Leased Class A Retail Center

$2,750,000

Listing Resources

Listing Description

Excellent Investment Opportunity – 100% Leased Retail Center. All leases are NNN leases Except Express Employment. Building is located in a High Growth area, Easy Access to I-64 at Exit 12 and surrounded by numerous National Retailers. Broker Owned.

Sale Price: $2,750,000

8% CAP Rate

Listing Details

Settings
Listing No : 980
Sale Or Lease : For Sale
Property Type(s) : Investment
Building Size (Sqft) : 13,055 Sqft
Lot Size (Acres) : 2.50 Acre(s)
Total Sqft Available : 13,055 Sqft
Sale Price : $2,750,000
Sale Price Per Sqft : $204
CAP Rate : 8%
NOI : $220,715
Building Total Sqft : 13,055 Sqft
Total Sqft Available : 13,055 Sqft
Parcel No : 03-22.0-307-024
Zoning : B-3
Zoning By : Fairview Heights
Complex : Fountains at Fairview
Parking : 9/1,000
Property Tax : $39,005
Tax Year : 2017
Topography : Level
Year Built : 2008
Interstate : .3 Miles to I-64
Airport : 24 Miles to St. Louis Lambert International Airpor
Gross Rental Income : $293,373
Property Management : $33,653

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