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Professional Office Building 640 Pierce Blvd 6,050 SF 100% Leased Office Building O'Fallon, IL 62269 $1,200,000 ($198.35/SF) 6.42% Cap Rate
Investment Highlights
- Location near Interstate 64
- Less than 15 minutes to Downtown ST. Louis.
- Across from new Meijer development
Executive Summary
100% occupied.
Call broker for lease info.
Pro Forma prepared by seller. Look in the data room for financials for 2023,2024,2025.
Great property in growing area, near Interstate 64 entrance.
Property has new roof, new stucco, and gutters/soffit.
.
Call broker for lease info.
Pro Forma prepared by seller. Look in the data room for financials for 2023,2024,2025.
Great property in growing area, near Interstate 64 entrance.
Property has new roof, new stucco, and gutters/soffit.
.
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,050 SF
Building Class
B
Year Built/Renovated
2004/2019
Price
$1,200,000
Price Per SF
$198.35
Cap Rate
6.42%
NOI
$77,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,050 SF
Building FAR
0.99
Lot Size
0.14 AC
Zoning
PUB - City of O'Fallon
Parking
50 Spaces (8.26 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 04-31.0-107-037 | Improvements Assessment | $173,727 (2024) |
| Land Assessment | $13,656 (2024) | Total Assessment | $187,383 (2024) |
Property Taxes
Parcel Number
04-31.0-107-037
Land Assessment
$13,656 (2024)
Improvements Assessment
$173,727 (2024)
Total Assessment
$187,383 (2024)
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Professional Office Building | 640 Pierce Blvd
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