401-509 1st Ave

401-509 1st Ave , Perry, Iowa, 50220 | 29,633 sq.f | $ 2,000,000

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About This Restaurant

Investment Highlights

Six Tenant Retail Mix Located 25 miles northwest of Des Moines Strong NOI when fully leased Strong anchor tenant with a low cost per square foot

Executive Summary

This retail center is conveniently located in the city of Perry off of Hwy 144 & Hwy 141. This is a great location that has easy access and many retail shops including Orscheln Farm and Home store. Former outlot of this property is now a new Kwik Star location with a car wash.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Retail
  • Building Size    29,633
  • Building Class    C
  • Year Built    1976
  • Price    2,000,000
  • Price Per SF    67
  • Percent Leased    94
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.10
  • Land Acres    7.00 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Date Created: 2024-07-16 04:13:37 Last Updated: 2024-07-16 04:13:37
Address: 401-509 1st Ave , Perry, Iowa, 50220