$7,329,006

1250 North Center Point Road

Hiawatha IA, 52233

Description

Long term, absolute NNN lease warehouse manufacturing office property with approximately 10 years remaining on lease and scheduled lease bumps. Tenant has occupied the building since it was built and has been in business for over 60 years. Absolute net lease with no landlord responsibilities. Major long term upside as the lease rate is below market. I-380 visibility, high quality, high bay tilt up concrete construction built by Ryan Companies. Features 10 docks and 1 drive in OHD. Climate controlled warehouse. Excess site allows for future expansion, outside storage or a future building. Members of ownership are licensed Realtors in the state of Iowa.

Details

MLS#2005038
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1996
Days On Site137

Features

Story(s)1
ZoningC-4
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Area Information
StateIA
CountyLinn
CityHiawatha
Zip Code52233
AreaLinn
Listing VS Median (in 52233)
Price:
$7,329,006
low | high
Med:
$69,900
100% of Average
On Site:
137
low | high
Med:
301
45.514950166113% of Average
Nearby Listings (Within 1/4 mile)
Price: $0 - $0
SqFt: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1257 Stamy Road #C Property Photo - Hiawatha, IA real estate listing
$0
1257 Stamy Road #c
Hiawatha, IA 52233
Listing Updated: November 24, 2020 9:47:45 AM PST
Tiffany Earl Williams LogoMLS Number: 2005038
Listing Provided By:
Tiffany Earl Williams  of  SKOGMAN REALTY COMMERCIAL