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618-277-4400

Fully Leased Office Building for Sale

$1,600,000

Listing Resources

Listing Description

Investment Opportunity – Fully Leased Office Building

Elite 9,000+ SF Class B Office Building built in 2015 in highly desirable O’Fallon, IL. Potential Owner/User Building – 5,168 SF Suite can be vacated.
All Suites have high end finishes and custom build-out. Current Tenants Include: Edward Jones, The Fource Group and R.W. Builders.

Building is located 10 minutes from Scott Air Force Base with close access to I-64, exit 19 and in close proximity to the New St. Elizabeth’s and Memorial Hospitals.

Reduced Sale Price: $1,600,000
NOI: $97,291
CAP: 6.08%

Listing Details

Settings
Listing No : 1432
Sale Or Lease : For Sale
Property Type(s) : Investment, Office, Office - General Office
Building Size (Sqft) : 9,268 Sqft
Total Sqft Available : 5,168 Sqft
Sale Price : $1,600,000
CAP Rate : 6.08%
NOI : $97,291
Building Total Sqft : 9,268 Sqft
Total Sqft Available : 9,268 Sqft
Direct Lease : 5,168 Sqft
Office : 9,268 Sqft
Min Divisible Sqft : 9,268 Sqft
Max Contiguous Sqft : 9,268 Sqft
Parcel No : 04-33.0-209-006
Zoning : B-1
Zoning By : City of O'Fallon
Complex : O'Fallon Business Park
Survey : Yes
Parking : 35
Parking Surface Type : Asphalt
Property Tax : $21,201.74
Tax Year : 2018
Traffic Count : 5,000
Year Built : 2015
Class : B
Clearance Min : 8 ft
Clearance Max : 10 ft
Style : Wood Frame
Roof : Shingle
Exterior : Stone - Hardy Board
Floors : 1
Acres : 1 Acre(s)
Frontage : 175 ft
Depth : 250 ft
Interstate : I-64, Exit 19, Hwy 50
Airport : St. Louis MidAmerica

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