1183 Holton Drive Unit: 1183

Estimated Monthly Payment: $3,577/mo 1183 Holton Drive Unit: 1183, Lemars, IA 51031 MLS# 800418 Commercial Listing Status: Sold

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REMARKS:

EXCELLENT Investment Opportunity!! Single tenant 3N leased to National Women`s Clothing Retailer Maurices, a subsidiary of the Ascena Group. 5,000 sf quality building in very good condition built in 2011 at the entrance to the Super WalMart in LeMars, IA. A 10% Cap Rate makes this a profitable investment. Almost 4 years remaining on the base lease with option increases every 5 years...

OVERVIEW:

Commercial
Sold
2011
0
Block, Brick
Central
Forced Air
Natural Gas
City
City

FINANCIAL:

$650,000
$7,354
2017

NEIGHBORHOOD & SCHOOL INFORMATION:

 

Courtesy of Salem Real Estate

 

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