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$ 3,240,000
Est. payment | /mo
12,000 SqFt
$ 3,240,000
Est. payment | /mo
12,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $270
MLS Listing ID 12649752
Year Built 2003
Annual Tax Amount $47,302
Tax Year 2024
Lot Size 1.250 Acres
Property Sub-Type Retail/Stores
Property Description
100% occupied retail investment opportunity located along the highly trafficked Agency Road corridor in West Burlington, Iowa. The property consists of approximately 12,000 SF and features a strong lineup of national and regional tenants including Subway, Verizon Wireless, 4 Seasons Nails, GameStop, Great Clips, OneMain Financial, and UScellular. Current NOI is approximately $273,406 annually with stabilized cash flow and long-term tenancy in place. Strategically positioned within one of West Burlington's primary retail corridors near Westland Mall and surrounded by national retailers, restaurants, hotels, and service-oriented businesses. Excellent visibility, strong traffic counts, ample parking, and established tenancy make this a strong investment opportunity.
Location
State IA
County Des Moines
Area West Burlington
Interior
Fireplace N
Building
Dwelling Type Retail/Stores
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Listed by Shawn Langan of NAI Ruhl Commercial Company
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Volodymyr Poshpur
Broker | License ID: 475.207267