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.
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0BEDS
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2.97ACRES
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0BATHS
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01/2 BATHS
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33,160SQFT
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$63$/SQFT
School Ratings & Info
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.
Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-03-04T10:49:28.077.
PalmerHouse Properties LLC: 314-380-0581
Listing provided courtesy of Manor Brokerage, Llc. Listing information © 2021 Mid America Regional Information Systems, Inc.