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125 N 13th St
Centerville, IA 52544
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • E-Commerce Resistant Healthcare Investment – Medical properties are highly sought-after for their security of investment and resistance to the market
  • The partnership between International Eyecare Centers and AEG Vision Group provides investors with substantial creditworthiness and security
  • Business Acquired by AEG Vision - In 2017, IEC joined AEG Vision Group, a successful healthcare management team which supports over 300 locations
  • $20.1 Billion Market – The US optometry market is currently valued at $20.1B and is expected to grow at approximately 4.5% this year.
  • Private Equity Backing – AEG Vision Group partnered with private equity investor Riata Capital Group in 2021
  • High Yield Investment Below Replacement Cost – At an 8.50% cap rate, this is an opportunity to acquire a high yield investment leased to a 300 unit op

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
1,600 SF
Building Class
C
Year Built/Renovated
1900/2000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,600 SF
Building FAR
0.52
Lot Size
0.07 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
341011003720000
Land Assessment
$5,980
Improvements Assessment
$78,140
Total Assessment
$84,120
  • Listing ID: 26537961

  • Date on Market: 9/1/2022

  • Last Updated:

  • Address: 125 N 13th St, Centerville, IA 52544

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