Investment Opportunity - Retail Center for Sale
715 Lakepointe Centre Dr, O'fallon, IL 62269
Listing Details
- List Price
- $1,375,000
- List Price Per SF
- $88.14
- Total Income
- $191,901
- Total Expenses
- $32,829
- NOI
- $126,349
- Cap Rate
- 9.19%
- List Date
- 8/26/2020
- Possession
- COE
- Signage
- On Building & Free-Standing
- Show Instructions
- Call broker
- Listing ID
- 24489320
Investment Opportunity - Retail Center for Sale
- 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, USA karate club, shana’s hair salon, CNH photography, farmer's insurance and bricklayers local
- Licensed real estate broker has ownership interest
- Exterior and interior improvements completed in 2019
Space Details
- Floor
- 1
- Total Available
- 15,600 SF
- Primary Use
- Retail
- Investment
- Yes
- Total Parking
- 62
- Parking Ratio
- 3.97/1000
- Real Estate Taxes
- $28,139 in 2021
Other Listings on this Property
Property Highlights
- Type
- Retail: Strip Center
- Size
- 15,600 SF, 1.86 Acres
- Occupancy Type
- Multi-tenant
- Number of Buildings, Floors
- 1 , 1
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