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32212497
32212496

2230 Stewart Rd, Muscatine, IA 52761

BF
IA S61887000
Colliers
Colliers - Minneapolis - St. Paul, Minnesota
EH
MN, IA, WI
Colliers - Minneapolis - St. Paul, Minnesota
MM
IA # S66603000
Colliers
JF
MN, WI, IA & IL, MN
Colliers - Minneapolis - St. Paul, Minnesota
AW
40783440, MN
Colliers - Minneapolis - St. Paul, Minnesota
Listed by Colliers, Colliers - Minneapolis - St. Paul, Minnesota
$1,650,000
95 days on market
Updated 12 days ago
Opportunity zone

2230 Stewart Rd, Muscatine, IA 52761

Details
Property Type Industrial
Sub Type Manufacturing
Square Footage 18,000
Cap Rate 8.00%
NOI $145,836
Price per SqFt $92
Year Built 1995
Buildings 1
Stories 1
Ceiling Height 15.5 – 31.5 feet clear span
Loading Docks 4

Single Tenant NN Lease Investment | 8.00% CAP | 5 Yr Lease Term

Investment highlights

Mission-Critical Manufacturing Facility – Strategic dry ice production plant servicing a large geographic footprint

Irreplaceable Location Characteristics – Must be co-located with an ethanol plant for CO2 feedstock access

High Barriers to Entry – Limited sites nationally that can support similar operations

Stable Single-Tenant Investment – 15+ year occupant with operationally essential location

Attractive Yield – Approximately 8.0% cap rate

Functional Industrial Design – 15.5’–31.5’ clear height with clearspan warehouse

Strong Loading Configuration – 4 dock-high doors and 1 drive-in door

Heavy Power Capability – Up to 4.16 kV service to support manufacturing processes

Fully Sprinklered Facility – Fire suppression system throughout

Office Component – 2,000 SF including 3 private office

Roof Refurbished (2021) – Reduced near-term capital exposure

2.74-Acre Site – 11 interior gated parking stalls and 8 exterior

Listing Contacts

BF
IA S61887000
Colliers
Colliers - Minneapolis - St. Paul, Minnesota
EH
MN, IA, WI
Colliers - Minneapolis - St. Paul, Minnesota
MM
IA # S66603000
Colliers
JF
MN, WI, IA & IL, MN
Colliers - Minneapolis - St. Paul, Minnesota
AW
40783440, MN
Colliers - Minneapolis - St. Paul, Minnesota
Listed by Colliers, Colliers - Minneapolis - St. Paul, Minnesota

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$145,836.00
$12,153.00/mo

Valuation Metrics

0
DSCR
8.84%
Cap Rate
8.84%
ROI

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Additional Information

Name
Brittany Freund
License
S61887000
Brokerage
Colliers International MN, LLC
Brokerage Phone
5153461424
Title
Real Estate Salesperson
Brokerage Address
13137 University Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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