Sale Price $215,000 - MLS: 202502631
This leased investment opportunity comes with an excellent and credible tenant, Hy-Vee Pharmacy. Features include double door entrance, large windows and a drive thru on the east side of the building. Hy-Vee has been operating in this location since 2017, the current lease runs through April 2027 with 2 three-year options to renew remaining. Monthly base rent is $2370 per mo plus a portion of the property taxes. The unit is a commercial condo facing Hwy 6 with a traffic count of 5800 cars per day. The C1 zoning is for Highway Commercial Uses and the building has plenty of off-street parking. The space is an open concept with a retail counter separating the pharmacy stock from the retail store area.
MLS #: 202502631
Sale Price: $215,000
Year Built: 2011
Sq Ft: 1351.0
Business: Medical Or Dental, Retail
Construction: Brick, Frame
Floor Type: Vinyl
Financing:
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water
Acreage:
Lot: 173x174
Frontage: County Road, Paved, Highway
Energy Generation:
Heat/Cooling: Natural Gas, Forced Air, Central Air
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Lepic-Kroeger, REALTORS - Agent: Jeff Edberg - Information furnished by Iowa City Area Association of Realtors