Bank Building with Drive-Thru
104 Regency Park O Fallon, IL 62269
For Sale
Contact for pricing
Former full-service bank building with three drive-thru lanes, an ATM lane, offices, and teller/vault infrastructure.
Property Size2,750 SF
Price / SF$309.09
Days on Market16
Property Features for 104 Regency Park
General Information
Standard status
Active
Size
2,750 SF
Property subtype
RETAIL
Listing Agency:
BARBERMurphy
(618) 277-4400
Listed By:
John L Eichenlaub · License #471004100
Source:
Moodyscre
Added: Jul 14
Changed: Jul 28
Last Checked: Jul 28 at 4:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BARBERMurphy
Investment Insights
Based on property information with market context.
Former full-service bank building totaling 2,750 SF with an existing drive-thru configuration, designed to support both customer-facing and back-office operations. The property includes three drive-thru lanes plus a dedicated ATM lane, along with four private offices, four teller stations, and an existing vault for secure storage or specialty use. This layout can support a range of commercial uses, including retail, restaurant, office, medical, or financial service concepts, with existing improvements intended to help streamline occupancy.
The site is located in O’Fallon’s office and retail corridor along Hwy 50, offering visibility and convenient access for customers and employees. It is about 1/2 mile from I-64 (Exit 14) and about 1/8 mile from St. Elizabeth’s Hospital, placing it near established commercial and healthcare activity.
The property’s current configuration provides a functional mix of client-service space and private workspace, supported by the existing drive-thru infrastructure that can remain a key operational feature for suitable quick-service and service-oriented businesses.
The site is located in O’Fallon’s office and retail corridor along Hwy 50, offering visibility and convenient access for customers and employees. It is about 1/2 mile from I-64 (Exit 14) and about 1/8 mile from St. Elizabeth’s Hospital, placing it near established commercial and healthcare activity.
The property’s current configuration provides a functional mix of client-service space and private workspace, supported by the existing drive-thru infrastructure that can remain a key operational feature for suitable quick-service and service-oriented businesses.
Key Highlights
- 2,750 SF former full‑service bank building with infrastructure for retail, restaurant, office, medical, or financial service use
- Three drive‑thru lanes plus a dedicated ATM lane for customer transactions and fast access
- Includes four private offices, four teller stations, and an existing vault for secure storage or specialty use
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.1k | $18.96 |
| − Vacancy | −$2.2k | −$0.80 |
| EGI | $50.0k | $18.16 |
| − OpEx | −$12.5k | −$4.54 |
| NOI | $37.5k | $13.62 |
2,750 SF · lease $18.96/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$535.2K
$468.3K – $624.4K
NOI $37,463 @ 7.0% cap · market cap 4.41%
Second Best
Retail
$392.5K
$343.5K – $458.0K
NOI $27,477 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$651.0K
$569.7K – $759.5K
NOI $45,572 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Bank - Former full-service bank building with three drive-thru lanes, an ATM lane, offices, and teller/vault infrastructure.
Where is this bank located?
The property is located at 104 Regency Park O Fallon, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,750 SF former full‑service bank building with infrastructure for retail, restaurant, office, medical, or financial service use; Three drive‑thru lanes plus a dedicated ATM lane for customer transactions and fast access; Includes four private offices, four teller stations, and an existing vault for secure storage or specialty use
