Listed by NAI Iowa Realty Commercial - Des Moines
Unpriced
National Coatings and Supplies Inc
Details
Property Type Retail
Sub Type Storefront, Commercial
Square Footage 4,760
Tenancy Single
Lease Type NNN
Year Built 1968
Lot Size (SqFt) 17,176
Investment Type Core
4,760 SqFt
Marketing description
Standalone investment property. Building features 4,760 SF of retail space. Current tenant is a long-time occupant that has leased the space since 1997.
Corner lot at E 14th St and E Ovid Ave. Desirable frontage facing E 14th St with over 18,200 AADT. Minutes from the I-235 Euclid exit which sees over 73,000 AADT.
Investment highlights
- Standalone investment property featuring 4,760 SF of retail space.
- Brand New 5-year lease renewal signed! Long-time current tenant has leased the space since 1997.
- Corner lot at E 14th St and E Ovid Ave with frontage to E 14th St. Traffic is over 18,200 AADT. Minutes from the I-235 Euclid exit. I-235 sees over 83,000 AADT.
- NNN Lease Structure with tenant paying for expenses. Property presented For Sale at an 8.9% Cap Rate.
Listing Contacts
Listed by NAI Iowa Realty Commercial - Des Moines
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
