1801 Valley View Dr | Council Bluffs, IA 51503
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1801 Valley View Dr
Council Bluffs, IA 51503
Retail Property For Sale
Investment Highlights
- NET LEASE: The NNN Lease has just over six (6) years of term remaining
- RENT INCREASES: The lease includes 5% rent increases in the options
- BELOW MARKET RENT: The tenant pays well below market rent providing a unique opportunity should they not pick up their renewal option
- MINIMAL LL RESPONSIBILITIES: The Lease calls for minimal Landlord responsibilities, including roof replacement and parking lot repairs in excess of $2
- CREDIT TENANT: Family Fare Supermarket is a subsidiary of SpartanNash (NASDAQ: SPTN), an American food distributor and grocery store retailer headquar
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
63,228 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
5.85 AC
Frontage
Amenities
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 7443-05-126-002 | Improvements Assessment | $2,702,600 |
| Land Assessment | $423,500 | Total Assessment | $3,126,100 |
PROPERTY TAXES
Parcel Number
7443-05-126-002
Land Assessment
$423,500
Improvements Assessment
$2,702,600
Total Assessment
$3,126,100
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