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Office Complex For Sale

Listing was updated on: 06/03/2019
Office Complex For Sale Office Complex For Sale Office Complex For Sale Office Complex For Sale Office Complex For Sale Office Complex For Sale Office Complex For Sale

Property Overview

Price/Rent PSF $ 2,250,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 26,379
Date Available 05/08/2018
Additional URL Link
Parking 106 Parking Spaces
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Description

4173 – 4193 Crescent Drive, a 18-tenant office complex located in South County next to I-55 is being delivered to market at $2,250,000 or a 8.48% Cap Rate. At 100% occupancy, the opportunity is a stabilized investment with a diverse tenant-mix. This is a value-add stabilized opportunity by increasing lease rates to market. The buildings are zoned C-8 and consists of 4 buildings of 6,594 S.F each on 2.44 acres, with 106 parking spaces or 4/1,000 parking ratio.

Located in the strong South County retail corridor off of Lindbergh and I-55 the property will continue to be a great option for small business owners. There is building signage available facing I-55 with a traffic count of 100,070 vehicles per day.

Contact Broker for full Offering Memorandum.

Location

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