Log In/Sign Up
Your email has been sent.
Health Mart Pharmacy 122 Main St 2,091 SF Retail Building Van Horne, IA 52346 $150,000 ($71.74/SF) 13.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Established pharmacy property
- Income through 2027
- Low rent
EXECUTIVE SUMMARY
Prime Investment Opportunity – Van Horne, IA High-quality 2,091 SF standalone building located next to Benton Community School District in Van Horne. Fully leased to Van Horne Towncrest Pharmacy—the only pharmacy in town—through at least August 2027, ensuring steady income. Built in 2007, the property offers modern construction with minimal landlord responsibilities. Current lease terms reflect replaceable market rents, making this a solid, long-term investment. Excellent location, stable tenant, and low-maintenance asset in a growing community—perfect for investors seeking dependable cash flow.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,091 SF
Building Class
C
Year Built
2007
Price
$150,000
Price Per SF
$71.74
Cap Rate
13.60%
NOI
$20,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.76
Lot Size
0.06 AC
Zoning
C - Commercial
Frontage
50’ on Main St
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Towncrest Pharmacy
- Health Care and Social Assistance
- 2,091 SF
- $9.76
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Towncrest Pharmacy | Health Care and Social Assistance | 2,091 SF | $9.76 | Triple Net | - |
PROPERTY TAXES
| Parcel Number | 22000220 | Improvements Assessment | $233,700 |
| Land Assessment | $5,200 | Total Assessment | $238,900 |
PROPERTY TAXES
Parcel Number
22000220
Land Assessment
$5,200
Improvements Assessment
$233,700
Total Assessment
$238,900
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Health Mart Pharmacy | 122 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.