4173 - 4193 Crescent Dr, St. Louis, MO

Office for Sale - $2,095,000 - 26,379 Sq. Ft. on 2.31 acres


Agent Info

Ben Cherry,CCIM
Manor Real Estate

Property Info

CIMLS#1028957
Location
  4173 - 4193 Crescent Dr
  St. Louis MO 63129
UpdatedMarch 9th, 2020
TypeOffice
Price$2,095,000
Building26,379 Sq. Ft.
Land2.31 acres

Contact


Property Description

Now Available for Sale:

4173 - 4193 Crescent Drive, a 18-tenant office complex located in South County next to I-55 is being delivered to market at $2,095,000 or a 8.88% 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.

Please fill out one of the attached Confidentiality Agreements to receive the Offering Memorandum.



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