1204 1st Ave E | Newton, IA 50208
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1204 1st Ave E
Newton, IA 50208
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 8 Years Remaining on Lease Term with Walgreens - Corporate Guaranty
- Signalized Hard Corner Location Visible to a Combined 14,000+ Cars/Day at the Corner of 1st Avenue E and E 12th Street S
- One Mile East of Downtown Newton and MercyOne Newton Medical Center (One of the Largest Employers in Jasper County)
- 22 Year Operating History - Tenant has Occupied the Site Since 2000
- Across from Hy-Vee Grocery Store and Surrounded by National Retailers - O'Reilly Auto Parts, Anytime Fitness, Burger King, McDonald's, and More
- 23,490 Residents and 19,590 Daytime Employees within a 10-Mile Radius with Average Household Income Exceeding $80,000
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,120 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.65 AC
Parking
64 Spaces (4.23 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 08-35-102-037 | Improvements Assessment | $1,224,000 |
| Land Assessment | $211,750 | Total Assessment | $1,435,750 |
PROPERTY TAXES
Parcel Number
08-35-102-037
Land Assessment
$211,750
Improvements Assessment
$1,224,000
Total Assessment
$1,435,750
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