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818 E Industrial St
De Witt, IA 52742

Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 4.00 AC
Rentable Building Area 40,000 SF
No. Stories 1
Year Built 2003
Tenancy Single
Clear Ceiling Height 26 FT
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 3

Amenities

  • Conferencing Facility

About 818 E Industrial St , De Witt, IA 52742

40,000 SF heavy industrial building, located on 4 acres in DeWitt’s Crossroads Industrial Park with plenty of room for expansion Located minutes from US 30 and US 61: 15 minutes north of I-80 22’ sidewalls with 26’ peak ceiling height 8” heavy duty reinforced concrete floors, 25’x50’ column centers One 12’x12’ truck dock door and three 20’x16’ drive-in doors 2,000 Amp, 480V, 3-phase power Sprinkler system, metal halide lighting and compressed air lines Approximately 4,000 SF 2-story office with large reception area, open work areas, four private offices and conference room Over $1.2 million in recent upgrades and improvements Leased for 10 years: 3/1/17 through 3/1/27 to Latham Pool Products, Inc. $256,377 annual rent plus 1.5% annual escalations with average rent of $265,793 NOI: $265,793 less estimated 5% for management and building reserves = $252,503 / 7.25% CAP = $3,483,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-0998-8401
Land Assessment
$95,000
Improvements Assessment
$1,622,520
Total Assessment
$1,717,520

zoning

Zoning Code M-2
M-2
  • Listing ID: 9649962

  • Date on Market: 10/18/2017

  • Last Updated:

  • Address: 818 E Industrial St, De Witt, IA 52742

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