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

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