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610 N Jefferson Way
Indianola, IA 50125

$564,871 USD

Freestanding For Sale  •  6,903 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 6,856 SF
  • Lot Size 0.72 AC
  • Building Class C
  • Year Built 2014
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
81 Walk Score

Highlights

Recent Retrofit: 2019 retrofit from a former Advance Auto Parts.
Attractive Cap Rate: 8.50% cap rate provides strong yield for investors.
Strong Demographics: 5-Mile population of 18,967 residents with continued growth and affluent $108,620 average household income.
High Traffic Corridor: Traffic counts in excess of ±20,000 vehicles daily on Jefferson Way.
Corporate Lease: Corporate lease with Shoe Sensation, Inc., a 244-location retailer in 20+ states.
Niche Market Focus: Shoe Sensation fills underserved markets in smaller towns with limited competition.

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Des Moines International 27 min - 16.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services