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11358 Industrial Drive

Galena, IL 61036
  • $1,160,000
  • STATUS: Active
  • ON SITE: 548 days
  • MLS #: 139299
UPDATED: 56 min ago
$1,160,000
  • 0
    BEDS
  • 0.92
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 5,655
    SQFT
  • $205
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2019
Area:

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.

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© 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: 2021-07-25T20:52:41.76.
www.exitdubuque.com/homes/102529472
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11358 Industrial Drive Galena, IL 61036

  • Price: $1,160,000
  • Status: Active
  • Updated: 56 min ago
  • MLS #: 139299
0
Beds
3
Baths
0
½ Baths
0.92
Acres
5,655
SQFT
$205
$/SQFT
2019
Built
Neighborhood:
Illinois
Area:
Illinois
Property 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.
Exterior Features

Exterior Finish BrickSteel Siding Extras Other Foundation PourSlab Number Parking Spaces Included 53 Parking Surface Black Top Roof Built-UpRubber

Interior Features

Basement None Cooling Central Air Flooring Concrete Heating Forced Air

Property Features

Auction YN No Commercial Style One Story Electric Other Electric Service 200 Amps Financing Remarks Cash At Closing Fuel Type Gas Gas Natural Gas Ground Line Doors None Income Rents Call Office Sqft 5655 Other Sqft 0 Possession Agreed Price Per Square Foot 199 Raised Docks None Resident Sqft 0 Retail Sqft 0 Sale Rent For Sale Sewer Public Terms Cash Total Income Call Type Commercial Uses RetailOfficeHealth Care/Medical Warehouse Sqft 0 Water Public

Listing information © 2021 East Central Iowa Association of Realtors.
Listing provided courtesy of Ray Oczak of Nai Ruhl Commercial Company.



© 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: 2021-07-25T20:52:41.76.
 
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Dubuque IA, 52003