South Port Office Complex

4173 Crescent Drive, St. Louis, MO, USA

Sale Price: $2,095,000

Lease Rate: $12.00/S.F. M.G.

Property Details

Now Available for Sale:

4173 – 4193 Crescent Drive, a 19-tenant office complex located in South County next to I-55 is being delivered to market at $2,095,000 or a 6.78% Cap Rate. At 91% 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.

 


 

Currently fully leased – 4175 Crescent Drive, St. Louis, MO 63129

South Port Office Complex consists of 4 masonry buildings in the heart of South County with visibility along I-55. Currently 100% Occupied.

Tenants in the office complex benefit from abundant parking, building signage and convenient location off of Lindbergh Blvd.

land

Property Type

26,379

Sq Ft

106,330 SF

Parcel Size

M.G.

Lease Rate Type

1983

Year Built

Property Agents

Property Location

Schedule A Tour