401-509 1st Ave
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401-509 1st Ave
29,633 SF 94% Leased Retail Building Perry, IA 50220 $2,000,000 ($67/SF)
Investment Highlights
- Six Tenant Retail Mix
- Located 25 miles northwest of Des Moines
- Strong NOI when fully leased
- Strong anchor tenant with a low cost per square foot
Executive Summary
This retail center is conveniently located in the city of Perry off of Hwy 144 & Hwy 141. This is a great location that has easy access and many retail shops including Orscheln Farm and Home store. Former outlot of this property is now a new Kwik Star location with a car wash.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
29,633 SF
Building Class
C
Year Built
1976
Price
$2,000,000
Price Per SF
$67
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Land Acres
7.00 AC
Opportunity Zone
Yes
Zoning
C
Parking
347 Spaces (8.37 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Space | Size | Space Use | Position | Available |
501 | 1,900 SF | Retail | - | Now |
501
Size |
1,900 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
1 of 22
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
501
Size | 1,900 SF |
Space Use | Retail |
Position | - |
Available | Now |
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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401-509 1st Ave
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