1609 18th St - Storefront Retail/Office FOR SALE
Spirit Lake, IA 51360 |
1609 18th St
Spirit Lake, IA 51360
HIGHLIGHTS
- 14,700 Square Foot Multi-Tenant Retail Center Located just down the street from a Walmart Supercenter
- Fully Stabilized Retail Center Offered at 100% Leased
- Zero Lease Rollover until September 2026
- Triple Net Leases with Very Minimal Landlord Responsibility
- Strong Mix of National Credit Retailer Including Dollar Tree (NASDAQ: “DLTR”) with Local E-Commerce Resistant Tenants
- Long-Term Leases with Zero Lease Rollover until 2024 | Dollar Tree (66% of GLA) is Leased thru January 2027
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Spirit Lake Retail Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
14700
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
60
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
07-05-428-004
