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22844 230th Ave, Centerville, IA 52544 22844 230th Ave

45,920 SF 100% Leased Industrial Building Centerville, IA 52544 $2,920,000 ($64/SF) 8.25% Cap Rate

Warehouses Iowa Centerville 22844 230th Ave, Centerville, IA 52544

Investment Highlights

  • Newly constructed facility (2022)
  • Absolute Net lease structure (Zero Landlord responsibilities)
  • Room for future expansion
  • 10-year initial term
  • 3% annual rent escalations

Attachments

22844 230th Ave, Centerville, IA-OM

Property Facts

Price $2,920,000 Rentable Building Area 45,920 SF
Price Per SF $64 No. Stories 1
Sale Type Investment NNN Year Built 2022
Cap Rate 8.25% Clear Ceiling Height 20 FT
Property Type Industrial No. Dock-High Doors/Loading 3
Property Subtype Warehouse No. Drive In / Grade-Level Doors 1
Building Class B Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size 29.96 AC
Price $2,920,000
Price Per SF $64
Sale Type Investment NNN
Cap Rate 8.25%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 29.96 AC
Rentable Building Area 45,920 SF
No. Stories 1
Year Built 2022
Clear Ceiling Height 20 FT
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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PROPERTY TAXES

Parcel Number 341011042241000 Improvements Assessment $1,579,470
Land Assessment $99,630 Total Assessment $1,679,100

PROPERTY TAXES

Parcel Number
341011042241000
Land Assessment
$99,630
Improvements Assessment
$1,579,470
Total Assessment
$1,679,100
(952) 221-8067

Contacts

  • Listing ID: 33223337

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: 22844 230th Ave, Centerville, IA 52544

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22844 230th Ave, Centerville, IA 52544 | 22844 230th Ave
(952) 221-8067 x

22844 230th Ave, Centerville, IA 52544 | 22844 230th Ave

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Andrew Lubinski

(952) 221-8067

(952) 221-8067

Justin Felix

(612) 718-2234

(612) 718-2234

Aaron Whitmore

(612) 963-1377

(612) 963-1377

Ethan Haglund

(952) 200-6199

(952) 200-6199

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