15591 Hickman Rd - Bank FOR SALE


Clive, IA 50325
$11,750,000 USD
515-707-8700
15591 Hickman Rd, Clive, IA for Sale
$11,750,000 USD
Bank - FOR SALE
1/13
null | 6.75% Cap Rate

15591 Hickman Rd
Clive, IA 50325


HIGHLIGHTS

  • Brand new bank headquarters built in 2023
  • Parking 58 on the site with cross easement
  • Absolute NNN Lease
  • New 20 Year Lease Term

OVERVIEW

• Brand new Bank HQ • Absolute NNN 20-year Sale Lease back. • Delivery November 2023 • Lease execution upon SLB closing. • Year one NET rent $820,000 • 14,325 LSF

FOR SALE DETAILS

PRICE

$11,750,000 USD

PRICE/SF

$820 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Iowa Trust & Savings Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Loft/Creative Space, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

CROSS STREETS

NW 156th St

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

C2

APN/PARCEL ID

000001225352021

ASK ABOUT THIS PROPERTY

Jon LedinskyCBREMore Info
515-707-8700

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Jon LedinskyCBREMore Info
515-707-8700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.