311 21st St | Camanche, IA 52730
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- LoopNet Team
311 21st St
Camanche, IA 52730
Promotion Fulfillment · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Single tenant industrial investment property
- Situated on a 9.33 acre lot w/extra adjacent lot of 14.18 acres
- Leased to Blue Monde, LLC d/b/a Promotion Fulfillment Company (PFC), an international credit tenant, who has occupied building for past 24 years
- 148,440 SF pre-engineered steel building originally constructed in 1962 w/major addition in 1975 and 1996
- Property has a newly-extended 5-year triple net lease expiring 6/21/23 w/annual cpi escalations
- Zoned M-1 (light industrial district)
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Distribution | Year Built/Renovated | 1980/1996 |
| Building Class | B | Tenancy | Single |
| Lot Size | 23.51 AC | No. Dock-High Doors/Loading | 6 |
| Rentable Building Area | 148,440 SF | ||
| Zoning | M-1 | ||
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 23.51 AC |
| Rentable Building Area | 148,440 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/1996 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 6 |
| Zoning | M-1 |
ABOUT 311 21ST ST , CAMANCHE, IA 52730
INVESTMENT PROPERTY - Single tenant industrial property located in Camanche, IA. 148,440 SF pre-engineered steel building on 9.33 acre lot plus additional 14.18 acre adjacent lot. Property has a newly-extended 5 year lease expiring 6/21/23 with an international credit tenant who has been in the building for the last 24 years. Main property for sale at $2,098,000 plus $392,000 for extra lot. $280,073 annual rent less $59,242 average expenses = $220,831 (8.82% CAP rate).
PROPERTY TAXES
| Parcel Number | 10-1872-0000 | Improvements Assessment | $2,169,170 |
| Land Assessment | $111,650 | Total Assessment | $2,280,820 |
PROPERTY TAXES
Parcel Number
10-1872-0000
Land Assessment
$111,650
Improvements Assessment
$2,169,170
Total Assessment
$2,280,820
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