Description
A 1,655 SF unit is for lease at $16.00 per SF, plus 29.3% of the taxes, insurance & operating expenses. The entire building is for sale at $1,129,000, which equates to a 7.0% Cap Rate. In addition, the Riverview Center Lease escalates 2.0% per year. The Riverview Center lease runs for 11 more years.
$1,129,000
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0BEDS
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0.92ACRES
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3BATHS
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01/2 BATHS
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5,655SQFT
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$200$/SQFT
School Ratings & Info
Description
A 1,655 SF unit is for lease at $16.00 per SF, plus 29.3% of the taxes, insurance & operating expenses. The entire building is for sale at $1,129,000, which equates to a 7.0% Cap Rate. In addition, the Riverview Center Lease escalates 2.0% per year. The Riverview Center lease runs for 11 more years.
© 2020 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: 2020-11-23T10:52:47.99.