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3100 Highway 61 - Muscatine Hwy 61 Shopping Center, Muscatine, IA

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3100 Highway 61 - Muscatine Hwy 61 Shopping Center

Muscatine, IA 52761-9551

Property Type:Retail Sub Type:- Status:Existing Year Built:2016
Building Size:7,404 SF Land Area:4 AC (174,240 SF)
For Sale Price:$2,900,000 Price/SF:$391.68
Cap Rate:6.75 %
Parking:Free Surface spaces are available; Ratio of 6.78/1,000 SF

Sits on heavily traveled HWY 61 with 19,000 vpd
Located across the street from high performing WalMart and in the epicenter
Adjacent to largest employer HNI with 1100 employees.
Full access of HWY 61 with dual lanes.

Sale Notes:
The subject property is 100% leased to Starbucks, Great Clips and Aspen Dental. Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 67 countries. Great Clips is the world's largest salon brand. Great Clips franchisees employ 35,000 stylists who receive ongoing training to learn advanced skills and the latest trends. Aspen Dental is one of the largest and fastest growing providers of denture and dental care services in the US, and is committed to providing patients with affordable, high quality care.
Muscatine is the county seat of Muscatine County. Muscatine is rich with tradition of arts, culture and history. A unique and charming community nestled on the banks of the Mississippi River, Muscatine offers scenic drives, renowned museums, world class recreational opportunities, and a charming historic shopping and dining district.

100% Leased - New Long Term Leases with Starbucks, Great Clips and Aspen Dental
2016 Construction - Drive Thru Starbucks Location
Diverse Tenant Profile
Excellent Frontage on U.S. Highway 61 - The Primary Connecting Arterial Between Muscatine and Davenport
Directly Across From Walmart Supercenter
Close Proximity Muscatine Mall and Muscatine Community College

Marcus & Millichap Inc
Jamie Medress
(602) 687-6778

Jacob Baratz
(602) 687-6781

Mark Ruble
(602) 687-6766 x6766

Marcus & Millichap Inc
Barry A'Hearn
(319) 333-7743

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