475 Regency Park Dr - Office FOR SALE


O'Fallon, IL 62269
$9,100,000 USD
618-960-8675
475 Regency Park Dr, O'Fallon, IL for Sale
$9,100,000 USD
Office - FOR SALE
1/16
null | 7.07% Cap Rate

475 Regency Park Dr
O'Fallon, IL 62269


OVERVIEW

High profile income producing office asset available for sale. Only one vacancy (6,819 SF) in this Class A office building. Very strong professional services tenant base with a Weighted Average Lease Term (WALT) calculation of 3.4 years. All tenants have options to extend for additional terms with annual escalations. Contact broker for financial details. Vacant space available for lease at $28.75/SF Full Service. Tremendous visibility to I-64 and Green Mount Rd – premier growth corridor in the Metropolitan East. Within walking distance to multiple restaurants, hotels, and directly adjacent to O’Fallon Regency Conference Center and St. Elizabeth’s Hospital. Located 5 minutes from Scott Air Force Base, 15 minutes to downtown St. Louis, MO and 30 minutes to St. Louis International Airport.

FOR SALE DETAILS

PRICE

$9,100,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

7.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

2.51 AC

LAND SF

109,336 SF

ZONING

B1

APN/PARCEL ID

03-36.0-203-013

ASK ABOUT THIS PROPERTY

Mike DurbinBarberMurphy GroupMore Info
618-960-8675

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Mike DurbinBarberMurphy GroupMore Info
618-960-8675

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