Retail Space /IL /St. Clair County /O'Fallon /1544-1570 W US Highway 50
Retail Space /IL /St. Clair County /O'Fallon /1544-1570 W US Highway 50

1544-1570 W US Highway 50 - Freestanding FOR SALE


O'Fallon, IL 62269 | 
$6,700,000 USD
630-954-7392
1544-1570 W US Highway 50, O'Fallon, IL for Sale
$6,700,000 USD
Freestanding - FOR SALE
1/8
null | 7.49% Cap Rate
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1544-1570 W US Highway 50
O'Fallon, IL 62269

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HIGHLIGHTS

  • DOMINANT ANCHOR TENANT - PETSMART
  • BELOW MARKET INLINE TENANTS | MARK-TO-MARKET OPPORTUNITY
  • UNMATCHED SHADOW ANCHOR DRAW (Walmart Supercenter, The Home Depot, Sam’s Club and Academy Sports)
  • RECENT RENOVATIONS AND CAPITAL PROJECTS | MINIMAL FUTURE CAPITAL EXPENDITURES
  • DOMINANT LOCATION WITH PHENOMENAL ACCESS & VISIBILITY

OVERVIEW

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in Lincoln Crossing, a 100% leased community center located in the rapidly growing eastern suburbs of St. Louis.

FOR SALE DETAILS

PRICE

$6,700,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

7.49%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lincoln Crossing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

1583

LAND DETAILS

CROSS STREETS

Lincoln Hwy & I-64

LAND ACRES

57 AC

LAND SF

2,482,920 SF

ZONING

Commercial

APN/PARCEL ID

03-26.0-201-006

ASK ABOUT THIS PROPERTY

Joe GirardiMid-America Real Estate Corp.More Info
630-954-7392

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Joe GirardiMid-America Real Estate Corp.More Info
630-954-7392

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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