122 Main St - Drug Store FOR SALE


Van Horne, IA 52346
$150,000 USD
319-675-1694
122 Main St, Van Horne, IA for Sale
$150,000 USD
Drug Store - FOR SALE
1/1
null | 13.6% Cap Rate

122 Main St
Van Horne, IA 52346


HIGHLIGHTS

  • Established pharmacy property
  • Low rent
  • Income through 2027

OVERVIEW

Prime Investment Opportunity – Van Horne, IA High-quality 2,091 SF standalone building located next to Benton Community School District in Van Horne. Fully leased to Van Horne Towncrest Pharmacy—the only pharmacy in town—through at least August 2027, ensuring steady income. Built in 2007, the property offers modern construction with minimal landlord responsibilities. Current lease terms reflect replaceable market rents, making this a solid, long-term investment. Excellent location, stable tenant, and low-maintenance asset in a growing community—perfect for investors seeking dependable cash flow.

FOR SALE DETAILS

PRICE

$150,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

13.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Health Mart Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,749 SF

ZONING

C

APN/PARCEL ID

22000220

ASK ABOUT THIS PROPERTY

319-675-1694

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319-675-1694

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