Office Space /IA /Kossuth County /Algona /808 Highway 18 W
Office Space /IA /Kossuth County /Algona /808 Highway 18 W

808 Highway 18 W - Office FOR SALE


Algona, IA 50511 | 
$13,500,000 USD
616-293-6924
808 Highway 18 W, Algona, IA for Sale
$13,500,000 USD
Office - FOR SALE
1/1
null | 8.02% Cap Rate
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808 Highway 18 W
Algona, IA 50511

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OVERVIEW

Kwekel Companies is pleased to offer the sale leaseback of Pharmacists Mutual’s 67,629 square foot office building located on a 14 acre site. Pharmacists Mutual will execute a new 15 year absolute NNN lease at closing.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

8.02%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pharmacists Mutual

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

14.03 AC

LAND SF

611,147 SF

ZONING

commercial

APN/PARCEL ID

18-34-400-009,18-34-400-011,18-35-351-001,18-35-351-005

ASK ABOUT THIS PROPERTY

Tim KwekelKwekel CompaniesMore Info
616-293-6924

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Tim KwekelKwekel CompaniesMore Info
616-293-6924

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

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