Description
Fantastic Investment Property! Fully leased building with Riverview Center - 10 Years and The Fitness Foundry for 6 Years The entire building is for sale at $1,160,000, which equates to a 7.0% Cap Rate. In addition, both leases escalate at 2.0% per year. Building & parking lot have bee completely renovated. A great local investment opportunity.
$1,160,000
-
0BEDS
-
0.92ACRES
-
3BATHS
-
01/2 BATHS
-
5,655SQFT
-
$205$/SQFT
School Ratings & Info
Description
Fantastic Investment Property! Fully leased building with Riverview Center - 10 Years and The Fitness Foundry for 6 Years The entire building is for sale at $1,160,000, which equates to a 7.0% Cap Rate. In addition, both leases escalate at 2.0% per year. Building & parking lot have bee completely renovated. A great local investment opportunity.
© 2021 East Central Iowa Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Dubuque, Dyersville & Maquoketa. Data last updated: 2021-03-04T23:52:47.