Price $1,500,000
Status Active
Size 16,539 sq ft
Lot Size 1.24 ac
Days on Market 185
Retail strip center in Le Mars, IA. The 16,539 sq. ft. building is broken into 4 units that are currently occupied by Verizon Wireless, Avera Home Medical Equipment, The Education Station, and Jim's Burger. The property is currently operating at an 7.9% cap with lease rates below market value. All leases are triple net. Rent roll and Profit & Loss are available upon request from qualified Buyer. A 1,500 to approximately 3,000 square foot unit can be made available for lease at $10 psf NNN. This unit could be retail or office space.
Property Type(s): Commercial
Last Updated 4/20/2018 Year Built 1999
County Plymouth

Additional Details

AIR Central
AIR CONDITIONING Yes
CONSTRUCTION Stucco
HEAT Forced Air
LOT 1.24 acre(s)
SEWER City
TAXES 39141
WATER City

Location

 

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