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27137973
27137974

1065 N Center Point Rd, Hiawatha, IA 52233 For Sale

TE
IA IA s41864000
WSG CRE
JS
IA IA B57696000
WSG CRE
GG
IA S68655000
WSG CRE
Listed by WSG CRE
$1,625,000
299 days on market
Updated 2 days ago

N Center Point Road

Details
APN 113212601100000
Property Type Office
Sub Type Traditional Office
Square Footage 9,045
Cap Rate 6.75%
NOI $109,857
Occupancy 100%
Tenancy Multi
Lease Type NNN
Class B
Year Built 2005
Year Renovated 2024
Stories 1
Acreage 0.630
Zoning Commercial
Investment Type Net Lease
Occupancy Date 10/01/2025

Office | 6.75% CAP | 9,045 SqFt

Marketing description

Outstanding investment opportunity on North Center Point Road. This 100% leased to high-quality tenants on NNN leases with annual rent escalations, the property offers secure, predictable cash flow. The modern, masonry building has been fully remodeled in recent years and is very well maintained. It offers great access to I-380, ideally positioned near the intersection of North Center Point Road and Boyson Road. This asset combines strong tenancy, prime location, and long-term stability.

Listing Contacts

TE
IA IA s41864000
WSG CRE
JS
IA IA B57696000
WSG CRE
GG
IA S68655000
WSG CRE
Listed by WSG CRE

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,857.00
$9,154.75/mo

Valuation Metrics

0
DSCR
6.76%
Cap Rate
6.76%
ROI

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Additional Information

Name
Tiffany Earl Williams
License
IA s41864000
Brokerage
WSG CRE
Brokerage Phone
319-675-1694
Title
Managing Partner / Owner
Name
Josh Seamans
License
IA B57696000
Brokerage
WSG CRE
Brokerage Phone
319-675-1694
Title
Managing Partner / Owner
Brokerage Address
417 1st Avenue Southeast
Name
Gabe Golberg
License
S68655000
Brokerage
WSG CRE
Brokerage Phone
319-675-1694
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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