Property 8086766

1.24 Acres in Plymouth County

16 5th Ave. NW Le Mars IA 51031  |  Plymouth County, IA
  • $1,500,000
  • 1.24 acres

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Listing Status: Active
Listing Type: Sale
Property Type(s):
MLS ID: NWIBRIA
Irrigated: No
Residence: No
Property ID: 8086766
Property Website

Property Description

Retail strip center in Le Mars, IA. The 16,539 sq. ft. building is broken into 4 units that are currently occupied by Verizon Wireless, Avera Home Medical Equipment, The Education Station, and Jim`s Burger. The property is currently operating at an 7.9% cap with lease rates below market value. All leases are triple net. Rent roll and Profit & Loss are available upon request from qualified Buyer. A 1,500 to approximately 3,000 square foot unit can be made available for lease at $10 psf NNN. This unit could be retail or office space...

Driving Directions

Corner of 5th Ave. NW and Hwy 3.

Contact Seller

Derrick Wiebe

Century 21 ProLink

(712) 224-2300 (work)

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Contact Seller

Derrick Wiebe

Century 21 ProLink

(712) 224-2300 (work)

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