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618-277-4400

Sasak Plaza | Investment Opportunity

$1,150,000

Listing Resources

Listing Description

Investment Opportunity

Sasak Plaza – Fully Occupied Retail Center.

6 Bay Retail Center. Recent Upgrades: new roof 2022, parking lot sealed and striped 2022, new common area LED lighting 2021, Unit 3317B New HVAC installed 2021 Unit 3319 New HVAC and duct work 2022.

Sale Price: $1,150,000

Listing Details

Listing No : 1043
Sale Or Lease : For Sale
Property Type(s) : Investment
Building Size (Sqft) : 15,225 Sqft
Total Sqft Available : 7,200 Sqft
Sale Price : $1,150,000
CAP Rate : 9%
NOI : $107,027
Building Total Sqft : 15,225 Sqft
Total Sqft Available : 7,200 Sqft
Direct Lease : 7,200 Sqft
Office : 2,850 Sqft
Min Divisible Sqft : 1,650 Sqft
Max Contiguous Sqft : 4,500 Sqft
Parcel No : 01-35.0-102-003/006
Zoning : B-2, Commercial Business
Zoning By : Cahokia
Complex : Sasak Plaza
Parking : 40
Parking Surface Type : Asphalt
Property Tax : $20,553.34
Traffic Count : 20,100
Year Built : 1983
Rehab Year : 2023
Exterior : Brick
Floors : 1
Frontage : 327 ft
Depth : 200 ft
Gross Rental Income : $132,180
Insurance : $4,600

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