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    4132 Shoreline Drive

    Earth City, MO 63045
    • $2,099,000
    • STATUS: Active
    • ON SITE: 767 days
    • ID#: 18046312
    UPDATED: 39 min ago
    $2,099,000
    • 0
      BEDS
    • 2.97
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 33,160
      SQFT
    • $63
      $/SQFT
    Type:
    Commercial
    Built:
    1986
    County:

    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.

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    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-07-14T11:49:28.23.

    The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
    www.beckyoneill.com/homes/84377213
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    4132 Shoreline Drive Earth City, MO 63045

    • Price: $2,099,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 18046312
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.97
    Acres
    33,160
    SQFT
    $63
    $/SQFT
    1986
    Built
    Neighborhood:
    Earth City 2 Lt 4748 Amd Lt
    County:
    St Louis
    Area:
    Hazelwood West
    Property 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.
    Exterior Features

    Building Type 1 StoryDistribution CenterIndustrialManufacturingTruck TerminalOffice BuildingOther Building TypeWarehouse Construction Conventional Exterior Concrete/Block Land Info Flood PlainIncluded Parking Description Parking LotPaved Asphalt Parking Spaces 60 Road Access City StreetState Highway Road Frontage 329 Roof Flat Unit Location Industrial Area

    Interior Features

    Cooling Central-Gas Heating Individual UnitForced Air Interior Walls ComboConcrete/BlockDrywall Miscellaneous Loading DocksOverhead DoorsSprinkler System Sq Ft First Floor 33160

    Property Features

    Association St. Louis Association of REALTORS Building Fuel ElectricGas Clear Ceiling Height 16 Commercial Lease Type Modified Gross Commercial Property Type Commercial LandIndustrial LandOffice LandOther Conditions Unknown Current Use ManufacturingOffice/GeneralOfficePersonal ServiceProfessional ServiceService Center/WrhsWarehouse Disclosures Flood Plain YesNo Other Known Restr Docs Avail At Office Aerial PhotoLeasesProfit & Loss StmtsTraffic CountsOther Additional Inf Drive In Doors 4 Electric Service Ameren Gross Operating Income 231146.00 Lease Terms 3 Years Or LessMore Than 3 Years Lot Size Source County Records Net Income 176978.00 Offering Sale Operating Expense MaintenanceProperty InsuranceReal Estate Tax Possession At ClosingLease Out Stand Possible Buyer Fees YN Yes Sale Includes Building & LandSubject To Lease Selling Terms CashConventional Sewer Public Special Listing Conditions None Square Footage Source Owner Tax Exempt 0 Tax Year 2017 Taxes Paid 40073 Total Expenses 54168.00 Utilities Available CableElectricGasWaterSewer Water Public Zoning M3

    Listing provided courtesy of Manor Brokerage, Llc. Listing information © 2020 Mid America Regional Information Systems, Inc.
    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-07-14T11:49:28.23.

    The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
     
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    13208 Manchester Road
    St. Louis MO, 63131