2132 Pontoon Rd - Office FOR SALE


Granite City, IL 62040
$450,000 USD
314-322-2510
2132 Pontoon Rd, Granite City, IL for Sale
$450,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

2132 Pontoon Rd
Granite City, IL 62040


HIGHLIGHTS

  • 14,366 square feet of Professional Office space
  • Four (4) buildings of 3,584 square feet each
  • Each building is separately parceled
  • Tremendous leasing upside
  • Offered at $31.39 PSF // $450,000

OVERVIEW

Manor real estate is pleased to present the opportunity to acquire a 100% fee simple interest in a two (2) property portfolio within Granite City, Illinois (“The Properties”), comprised of Steel City Plaza and Green Professional Park Steel City Plaza is an established 15,600 square foot multi-tenant retail center with 84.6% occupancy. The center features a desirable mix of 7 tenants with uses including Imo’s Pizza, a Nail Salon, Laundromat, Hair Salon and more. Green Professional Park is a four (4) building office complex, each building measuring approximately 3,584 square feet. Green Professional Park is a tremendous value-add opportunity through lease-up of vacancy and/or sales of the individual buildings to end users. The Properties are being offered solely as a package for $2,150,000 (8.6% CAP).

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Green Professional Park

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

-

APN/PARCEL ID

22-2-20-09-05-101-027

ASK ABOUT THIS PROPERTY

Eddie CherryManor Real EstateMore Info
314-322-2510

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Eddie CherryManor Real EstateMore Info
314-322-2510

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.