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600 8th St SW 11,755 SF 36% Leased Retail Building Altoona, IA 50009 $1,985,000 ($168.86/SF) 7.34% Cap Rate
INVESTMENT HIGHLIGHTS
- A well located, inflation-resistant retail center on Altoona's busy 8th Street Corridor
- Cash flow from day one, with the ability to enhance returns by stabilizing the center
- A property built-in stability and value-add potential through increasing occupancy
- A straightforward, easy to manage investment positioned to perform today's market
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Signage
- Tenant Controlled HVAC
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Suite 608: 3,769 SF Asking Base Rent = $14.00 PSF, NNN Current CAMITs = $6.40 PSF Floor Plan Consists of High-Finish Reception Area, Multiple Offices, Multiple Conference Rooms, and Break Room Direct Frontage & Visibility to 8th Street SW Monument Signage Available Co-Tenants Include: Restored Psychiatry & Wellness, H&R Block, & Hair FX Salon VPD: 16,300
| Space | Size | Space Use | Position | Available |
| 608 | 3,769 SF | Retail | End Cap | Now |
608
| Size |
| 3,769 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
608
| Size | 3,769 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Suite 608: 3,769 SF Asking Base Rent = $14.00 PSF, NNN Current CAMITs = $6.40 PSF Floor Plan Consists of High-Finish Reception Area, Multiple Offices, Multiple Conference Rooms, and Break Room Direct Frontage & Visibility to 8th Street SW Monument Signage Available Co-Tenants Include: Restored Psychiatry & Wellness, H&R Block, & Hair FX Salon VPD: 16,300
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 171-00511380003 | Improvements Assessment | $1,096,000 |
| Land Assessment | $624,000 | Total Assessment | $1,720,000 |
PROPERTY TAXES
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600 8th St SW
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