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1103 13th St SW
Spencer, IA 51301

$800,000 USD

Freestanding For Sale  •  9,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,000 SF
  • Lot Size 1.47 AC
  • Building Class C
  • Year Built 2015
  • Tenancy Single
  • Zoning C-2 HIGHWA
0 Transit Score
38 Walk Score

Highlights

Secure national credit tenant leased to Dollar General.
Attractive current yield at an 9% cap rate based on in-place income, offering strong cash ow.
Proven location performance with long-term tenant occupancy in a high-traffic retail corridor offering strong visibility and easy access.
Prime retail location surrounded by a strong mix of national and regional tenants including Walmart Supercenter, Menards, TJ Maxx, Hobby Lobby, ETC

Property Flyers

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Abraham Adjmi 516-737-3638 Silber Investment Properties, LTD
Abraham Adjmi 516-737-3638 Silber Investment Properties, LTD