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1205 E Summit St 27,500 SF 100% Leased Industrial Building Maquoketa, IA 52060 $1,075,000 ($39.09/SF) 9.22% Cap Rate
INVESTMENT HIGHLIGHTS
- Price: $1,075,000
- 3% rent escalations
- Price Per SF: $39.09
- Cap Rate: 9.22%
- Size: 27,500 SF
EXECUTIVE SUMMARY
NOI: $ 99,137.50 as of 1/1/26
Lease Rate: $3.50/SF NNN
Escalations: 3% Annual
Lease Term: 3 Year extension, 1/1/25 commencement
Extension Options: None
Lease Rate: $3.50/SF NNN
Escalations: 3% Annual
Lease Term: 3 Year extension, 1/1/25 commencement
Extension Options: None
PROPERTY FACTS
| Price | $1,075,000 | Rentable Building Area | 27,500 SF |
| Price Per SF | $39.09 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1994/1997 |
| Cap Rate | 9.22% | Parking Ratio | 1.05/1,000 SF |
| Property Type | Industrial | No. Dock-High Doors/Loading | 4 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 7.21 AC |
| Price | $1,075,000 |
| Price Per SF | $39.09 |
| Sale Type | Investment |
| Cap Rate | 9.22% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 7.21 AC |
| Rentable Building Area | 27,500 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1994/1997 |
| Parking Ratio | 1.05/1,000 SF |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
1 1
PROPERTY TAXES
| Parcel Number | 145183020001900 | Improvements Assessment | $316,700 |
| Land Assessment | $85,500 | Total Assessment | $402,200 |
PROPERTY TAXES
Parcel Number
145183020001900
Land Assessment
$85,500
Improvements Assessment
$316,700
Total Assessment
$402,200
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1205 E Summit St
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