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Lakepointe Centre - Office/Retail Center 715 Lakepointe Centre Dr 15,600 SF 80% Leased Retail Building O'Fallon, IL 62269 $1,400,000 ($89.74/SF) 8.84% Cap Rate
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
2003
Price
$1,400,000
Price Per SF
$89.74
Cap Rate
8.84%
NOI
$123,750
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.40 AC
Zoning
Commercial
Parking
62 Spaces (3.97 Spaces per 1,000 SF Leased)
Frontage
434’ 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 |
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Highway 50 | Lakepointe Centre Dr, SE | 9,922 | 2022 | 0.06 mi |
| North Main Street | N Main St, E | 10,885 | 2022 | 0.13 mi |
| N Main St | Corporate Xing, NE | 3,644 | 2022 | 0.15 mi |
| E US Hwy 50 | N Main St, W | 9,126 | 2022 | 0.16 mi |
| E US Hwy 50 | Country Oaks Ln, E | 8,656 | 2022 | 0.22 mi |
| North Main Street | Scheibel Ln, NE | 4,791 | 2022 | 0.30 mi |
| E US Hwy 50 | Eastgate Dr, SW | 9,472 | 2022 | 0.39 mi |
| E US Hwy 50 | Timber Creek Ln, W | 9,455 | 2022 | 0.48 mi |
| Federal-Aid Sec 1780 | Shiloh Valley Twp Line Rd, N | 19,302 | 2022 | 0.51 mi |
| Air Mobility Drive | Shiloh Valley Twp Line Rd, N | 20,953 | 2020 | 0.51 mi |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04-33.0-204-001 | Improvements Assessment | $347,243 |
| Land Assessment | $65,882 | Total Assessment | $413,125 |
PROPERTY TAXES
Parcel Number
04-33.0-204-001
Land Assessment
$65,882
Improvements Assessment
$347,243
Total Assessment
$413,125
MAP
ADDITIONAL PHOTOS
LakePointeRetailSign