Outstanding investment opportunity at 1065-1067 N Center Point Road, Hiawatha, IA. This 9,045 SF multi-tenant building is 100% occupied by high-quality tenants on NNN leases with annual rent escalations, delivering secure, predictable cash flow with NOI of $112,476 ? a 7.5% cap rate at the offering price of $1,495,000. The modern, masonry building has been fully remodeled in recent years and is very well maintained. It offers great access to I-380, ideally positioned near the intersection of North Center Point Road and Boyson Road. This asset combines strong tenancy, prime location, and long-term stability ? an excellent addition to any investment...read more
Cooling
Central Air
Flooring
Carpet
Heating
Central, Gas
Stories
1.0 Story
Year Built
Built in 2005
Property Type
Commercial - Business
Cooling
Central Air
Days on Site
367
Exterior
Frame
Exterior Features
Sprinkler/Irrigation
Flooring
Carpet
Heating
Central, Gas
Lot Dimensions
27443
Lot Size
0.63 Acres
Parcel#
113212601100000
Roof Type
Membrane
Sewer
Public Sewer
Stories
1.0
Utilities
Electricity Available, Natural Gas Available
Year Built
2005
Zoning
Commerci