16 5th Ave NW, LeMars, IA

Retail for Sale - $1,500,000 - 16,539 Sq. Ft. on 1.24 acres


Print   |   Report Error   |   Email Listing

Agent Info

NameDerrick Wiebe
CompanyCENTURY 21 ProLink

Property Info

CIMLS #1000278
Location16 5th Ave NW
LeMars IA 51031
Last UpdatedMay 22nd, 2018
TypeRetail
Price$1,500,000
Building16,539 Sq. Ft.
Land1.24 acres
DemographicsView data

Contact


Property Description

Retail strip center in Le Mars, IA. The 16,859 sq. ft. building is broken into 4 units that are currently occupied by Verizon Wireless, Avera Home Medical Equipment, The Education Station, and Jim's Burger. The property is currently operating at an 7.9% cap with lease rates below market value. All leases are triple net. Rent roll and Profit & Loss are available upon request from qualified Buyer.


Location