100 Formad Industrial Dr - Industrial FOR SALE


Fort Madison, IA 52627
$6,720,000 USD
952-221-8067
100 Formad Industrial Dr, Fort Madison, IA for Sale
$6,720,000 USD
Industrial - FOR SALE
1/7
null | 7.5% Cap Rate

100 Formad Industrial Dr
Fort Madison, IA 52627


HIGHLIGHTS

  • Fully leased 113,400 SF industrial property
  • 9 Dock Doors, 7 Overhead Doors
  • Clear Height 26'

OVERVIEW

Colliers is pleased to present for sale this fully leased 113,400 SF industrial property located at 100 Formad Industrial Drive in Fort Madison, Iowa. The property was constructed for the current tenant, Foam Fabricators, in 2001, providing over 25 years of consistent and reliable tenancy and income. Proving mission-critical, Foam Fabricators recently extended their lease by eight years to reflect a current term of 11-years remaining.

FOR SALE DETAILS

PRICE

$6,720,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

-

CLEAR CEILING HT

26 Ft

DOCKS

9

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

02-47-14-12-200-0310

ASK ABOUT THIS PROPERTY

Andrew LubinskiCBRE, Inc.More Info
952-221-8067

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Andrew LubinskiCBRE, Inc.More Info
952-221-8067

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.