Stephen Flannery III - Coldwell Banker Premier Group
4132 Shoreline Dr
Earth City, MO 63045

$2,199,000

Description

4132 Shoreline Drive is a 100% Occupied, Stabilized Investment Opportunity. This Multi-Tenant Office/Warehouse Property is Offered at an 8% Cap Rate. The Sale includes a 2.97 Acre Parcel with a 33,160 S.F. Building, Built in 1985. Zoned "M3" Planned Industrial District, this Property has a Quality Tenant Mix with a healthy combination of National, International and Local Tenants. Current Leases are in "Modified Gross" format with varying amounts of remaining lease term. The Subject Property is located in a quiet office/warehouse corridor, 1/2 Mile from Earth City Expressway/MO-141, where Lakefront Drive becomes Shoreline Drive. This property benefits from convenient access to I-70, I-270, and MO-141. Full Offering Memorandum available.

Details

MLS#18046312
Sub-TypeResale
StatusActive
Year1985
Days On Site194

Features

SQ Feet33,160
Story(s)1
ZoningM3

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Area Information

StateMO
CountySt Louis
CityEarth City
Zip Code63045
AreaHazelwood West
Listing VS Median (in 63045)
Price:
$2,199,000
low | high
Med:
$2,199,000
50% of Average
SqFt:
33,160
low | high
Med:
33,160
50% of Average
$ / SqFt:
$66
low | high
Med:
$66
50% of Average
On Site:
194
low | high
Med:
194
100% of Average
Listing Updated: 12/18/2018
MLS Number: 18046312
Listing Provided By:
Benjamin Cherry  of  Manor Brokerage LLC