Listed by NAI Ruhl Commercial Company
$3,295,000
Retail Investment | 100% Leased | West Burlington
Details
APN 10-36-351-019
Property Type Retail
Sub Type Shopping Center
Square Footage 12,000
Units 7
Cap Rate 8.30%
NOI $273,406
Occupancy 100%
Tenancy Multi
Year Built 2003
Acreage 1.250
Zoning C-1
Investment Type Stabilized
Ground Lease No
Retail | 8.30% CAP | 12,000 SqFt
Marketing description
This is a 100% occupied retail investment opportunity featuring approximately 12,000 SF multi-tenant retail building on 1.25 acres. The property is positioned within the dominant Agency Road retail corridor in West Burlington, Iowa, offering excellent visibility and accessibility along one of the area's primary commercial corridors with strong consumer draw and regional accessibility. The center is located near Westland Mall and surrounded by national retailers, restaurants, hotels, and service-oriented businesses.
Investment highlights
- 100% occupied retail investment opportunity
- Approximately 12,000 SF multi-tenant retail building on 1.25 acres
- Strong mix of national and regional tenants including Subway, Verizon Wireless, 4 Seasons Nails, GameStop, Great Clips, OneMain Financial, and US Cellular
- Established high-traffic retail center with stabilized cash flow & long-term tenancy in place
- Positioned within the dominant Agency Road retail corridor in West Burlington, Iowa
- Excellent visibility and accessibility along one of the area's primary commercial corridors with strong consumer draw and regional accessibility
- Located near Westland Mall and surrounded by national retailers, restaurants, hotels, and service-oriented businesses
- Ample parking and strong frontage presence
- Attractive long-term investment opportunity with diversified tenancy
- Proven retail trade area serving West Burlington and the greater Burlington market
Listing Contacts
Listed by NAI Ruhl Commercial Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$273,406.00
$22,783.83/mo
Valuation Metrics
0
DSCR
8.3%
Cap Rate
8.3%
ROI
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