Lakepointe Centre - Office/Retail Center 715 Lakepointe Centre Dr
15,600 SF 80% Leased Retail Building O'Fallon, IL 62269 £1,079,834 (£69.22/SF) 8.84% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Large parking Lot, Ground Floor Access, Close to interstates, Well Maintained Property
EXECUTIVE SUMMARY
15,600' Retail Center for Sale, Two Suites Available for Lease, 9 Suites in Total, 2 still Available, Suite Measure from 1,181' to 4,143' in Size, private Restrooms, Front and Rear Entrances, Handicap Accessible, Call Broker for more Details.
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
15,600 SF
Building Class
B
Year Built/Renovated
2003/2019
Price
£1,079,834
Price Per SF
£69.22
Net Initial Yield
8.84%
NOI
£95,450
Percent Leased
80%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.26
Lot Size
1.40 AC
Zoning
Commercial
Parking
62 Spaces (3.97 Spaces per 1,000 SF Leased)
Frontage
434 ft on Lake Pointe Centre Dr
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 111
- 1,381 SF
- Retail
- -
- 30 Days
- 121
- 1,381 SF
- Retail
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| 111 | 1,381 SF | Retail | - | 30 Days |
| 121 | 1,381 SF | Retail | - | 30 Days |
111
| Size |
| 1,381 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
121
| Size |
| 1,381 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04-33.0-204-001 | Improvements Assessment | £267,832 |
| Land Assessment | £50,815 | Total Assessment | £318,647 |
