Listed by Friedman Real Estate
Unpriced
Burlington Commons & Burlington Outlot
Details
APN 11-31-301-017; 11-31-301-012; 11-31-301-014
Property Type Retail, Office
Sub Type Shopping Center
Square Footage 114,000
NOI $1,000,000
Tenancy Multi
Year Built 1972
Year Renovated 2015
Buildings 4
Stories 1
Acreage 12.460
Parking Spaces 800 spaces
Parking Per SqFt 7.02
Investment Type Stabilized
Retail | 114,000 SqFt
Marketing description
114,000 Sf Retail Center Burlington Commons & Burlington Outlot
Investment highlights
- ±114k Sf, 4-building Multi-tenant Retail Center Anchored by Dick’s Sporting Goods, Ross Dress for Less, and Five Below Located in Burlington, Iowa
- Shadow-anchored by High-volume Hy-vee Grocery and Surrounded by National Retailers Including Walmart, Lowe's, Kohl's, and Dollar Tree Creating a Dominant Regional Retail Node
- Strong Co-tenancy and National Anchors Nearby Including Marshalls, Dollar General, and Planet Fitness Reinforcing Daily Traffic and Cross-shopping Synergy
- Excellent Regional Connectivity With Immediate Access to U.S. Highway 61 and U.S. Highway 34, Providing Connectivity Throughout Southeast Iowa and Into Illinois
- 3220 Agency Street (Outlot): 1-building, 2-tenant Outlot Building Occupied by Starbucks & Dominos
- NOI in Excess of ±$1,000,000
- Asking Price: Contact Broker
- Parcel Id : 11-31-301-017; 11-31-301-012; 11-31-301-014
- Total Lot Size : 12.46 Acres
- Building Size : 114,449 Sf
- Ecode: 145
- Sale Price : Contact Broker
- Parking Spaces : 800
- Parking Ratio : 8.76
- Year Built : 1972
- Year Renovated : 2015
Listing Contacts
Listed by Friedman Real Estate
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$1,000,000.00
$83,333.33/mo
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