For Sale - Fully Lease - 5,988SF Retail Center

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30625332
Property Subtypes: Street Retail, Other
Status: Pending/Contingent
Building Size (RSF): 5,988 SF
Gross Building Area: See Agent
Gross Land Area: 9,491 SF
Sale Price: $495,000
Unit Price: $82.67 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/27/2020

Overview / Comments

Fully leased 5,988SF building on Bell St! Don't miss this terrific long-term investment opportunity at only $82.67/SF. The building features two long-term tenants who have been in the same location for over 15 years! Papa Murphy's leases roughly 1,200SF with H&R Block leasing the remaining 4,788SF. Don't wait contact Nancy Ellis at 402-253-1948 or Sam Heineman at 402-880-4864 for more details.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $5,762 (Annual)

Current Tenants

Tenant Business Name Papa Murphy's Pizza
Is Renting? Yes
SF of Space Occupied 1,200 SF
Current Rent $12 PSF (Annual)
Tenant Business Name H&R Blcok
SF of Space Occupied 4,788 SF
Current Rent $5 PSF (Annual)

Additional Details

Nearest MSA: Fremont
County: Dodge
Tax ID/APN: 270023660
Zoning: GENERAL COMMERCIAL
Retail Clientele: General, Business
Property Located Between: Corner of Bell St and 18th Street
Property Visibility: Excellent
Largest Nearby Street: Bell St
Feet of Frontage: 150
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,988 SF
Property Condition: Good
Year Built: 1961
Total Parking Spaces: 16
Zoning Description: General Commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: FAIRLAWN PT LOTS 1,2 & 3 BLK 9 EXC HWY ROW

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,387 27,575 29,077
Median Age: 42.48 39.24 39.45
Households: 5,124 11,286 11,888

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