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Maurices 17 N Frederick Ave 6,580 SF Retail Building Oelwein, IA 50662 $150,000 ($22.80/SF) 11.48% Cap Rate
INVESTMENT HIGHLIGHTS
- Great long-term tenant!
EXECUTIVE SUMMARY
A great investment opportunity, a solid building with a great long-term tenant. Tenant pays all utilities and first $500 of maintenance and repairs.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,580 SF
Building Class
C
Year Built/Renovated
1949/1995
Price
$150,000
Price Per SF
$22.80
Cap Rate
11.48%
NOI
$17,225
Tenancy
Single
Building Height
1 Story
Building FAR
1.01
Lot Size
0.15 AC
Frontage
47’ on Frederick Ave
AMENITIES
- Mezzanine
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Balcony
- Fiber Optic Internet
- Smoke Detector
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 18-21-260-004 | Improvements Assessment | $161,580 |
| Land Assessment | $18,820 | Total Assessment | $180,400 |
PROPERTY TAXES
Parcel Number
18-21-260-004
Land Assessment
$18,820
Improvements Assessment
$161,580
Total Assessment
$180,400
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Maurices | 17 N Frederick Ave
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