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- LoopNet Team
1211-1243 Silent Prairie Rd
Le Mars, IA 51031
Retail Property For Sale
PROPERTY FACTS
Amenities
- Tenant Controlled HVAC
- Drive Thru
About 1211-1243 Silent Prairie Rd , Le Mars, IA 51031
Multi-tenant retail building is strategically located in front of the Holiday Inn Express, Walmart Supercenter, Maurices, and adjacent to 4 Brothers Bar & Grill and Hardee's on busy Business Highway 75 in Le Mars, IA. Strong national Tenant base includes Pizza Hut, Taco Bell, Super Cuts, and KC Nails Salon - all with triple net leases. Currently performing at a 7.9% cap with only one vacancy, but will perform at 9.1% cap when filled. Rent roll and profit/loss is available upon request from qualified buyers.
PROPERTY TAXES
| Parcel Number | 12-20-129-003 | Improvements Assessment | $1,514,840 |
| Land Assessment | $203,000 | Total Assessment | $1,717,840 |
PROPERTY TAXES
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