
South Port Office Complex | 4171-4193 Crescent Dr
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South Port Office Complex 4171-4193 Crescent Dr
28,311 SF 90% Leased Office Building Saint Louis, MO 63129 $2,577,422 CAD ($91.04 CAD/SF) 7.21% Cap Rate



INVESTMENT HIGHLIGHTS
- New Roofs, Land Scaping, and Window Screens in 2023
- Close to I55, I64 and major shopping areas
- Lots of Parking Space
EXECUTIVE SUMMARY
95% Occupied - 7+% Cap Rate - New Roof, Land Scaping, Some HVAC units, and new Window Screens In 2023. These buildings offer a great investment opportunity in the Hub of St Louis activity. They offer a high occupancy rate, low maintenance, with all Capital Expenditures completed by current owners.
Great location conveniently located off I-55 and I-270 with unmatched highway visibility. These unique off spaces are located in a quiet cul de sace and close to restaurants, shopping and work out facilities. Each building has a versatile floor plan, ample green space and plenty of parking. This office complex offers a versatile tenant base which currently includes; professional services; healthcare; legal services, insurance; and several mixed use businesses. Potential buyer must sign a non-disclosure agreement to receive full financials.
All offers must include proof of funds. Serious buyers only.
Great location conveniently located off I-55 and I-270 with unmatched highway visibility. These unique off spaces are located in a quiet cul de sace and close to restaurants, shopping and work out facilities. Each building has a versatile floor plan, ample green space and plenty of parking. This office complex offers a versatile tenant base which currently includes; professional services; healthcare; legal services, insurance; and several mixed use businesses. Potential buyer must sign a non-disclosure agreement to receive full financials.
All offers must include proof of funds. Serious buyers only.
DATA ROOM Click Here to Access
- Offering Memorandum
- Third Party Reports
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
---|---|---|
Gross Rental Income |
$99,999
![]() |
$9.99
![]() |
Other Income |
-
![]() |
-
![]() |
Vacancy Loss |
-
![]() |
-
![]() |
Effective Gross Income |
$99,999
![]() |
$9.99
![]() |
Taxes |
$99,999
![]() |
$9.99
![]() |
Operating Expenses |
$99,999
![]() |
$9.99
![]() |
Total Expenses |
$99,999
![]() |
$9.99
![]() |
Net Operating Income |
$99,999
![]() |
$9.99
![]() |
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Building Size
28,311 SF
Building Class
B
Year Built
1985
Price
$2,577,422 CAD
Price Per SF
$91.04 CAD
Cap Rate
7.21%
NOI
$185,847 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,156 SF
Building FAR
0.27
Lot Size
2.44 AC
Zoning
C8, St. Louis - C8 Zoning
Parking
77 Spaces (2.72 Spaces per 1,000 SF Leased)
AMENITIES
- Courtyard
- Signage
- Accent Lighting
PROPERTY TAXES
Parcel Number | 29K-62-1099 | Total Assessment | $847,201 CAD |
Land Assessment | $234,273 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
Improvements Assessment | $612,928 CAD | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
29K-62-1099
Land Assessment
$234,273 CAD
Improvements Assessment
$612,928 CAD
Total Assessment
$847,201 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023 Payable 2024
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South Port Office Complex | 4171-4193 Crescent Dr
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