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Tuson 435 Precision Pky 96,250 SF Industrial Building Story City, IA 50248 $5,880,000 ($61.09/SF) 9% Cap Rate
EXECUTIVE SUMMARY
Kwekel Companies is pleased to offer the sale leaseback of Tuson’s 96,250 square foot industrial building located on a 17 acre site. Tuson will execute a new 5 year absolute NNN lease at closing.
PROPERTY FACTS
| Price | $5,880,000 | Rentable Building Area | 96,250 SF |
| Price Per SF | $61.09 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 2007 |
| Cap Rate | 9% | Tenancy | Single |
| Sale Condition | Sale Leaseback | Parking Ratio | 0.57/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 4 |
| Building Class | B | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 17.65 AC | ||
| Zoning | M-1 - Manufacturing District | ||
| Price | $5,880,000 |
| Price Per SF | $61.09 |
| Sale Type | Investment NNN |
| Cap Rate | 9% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 17.65 AC |
| Rentable Building Area | 96,250 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Tenancy | Single |
| Parking Ratio | 0.57/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | M-1 - Manufacturing District |
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PROPERTY TAXES
| Parcel Number | 02-07-400-260 | Improvements Assessment | $4,265,100 |
| Land Assessment | $661,500 | Total Assessment | $4,926,600 |
PROPERTY TAXES
Parcel Number
02-07-400-260
Land Assessment
$661,500
Improvements Assessment
$4,265,100
Total Assessment
$4,926,600
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Tuson | 435 Precision Pky
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