1610 Chatburn Ave - Freestanding FOR SALE


Harlan, IA 51537
$1,260,000 USD
214-692-2289
1610 Chatburn Ave, Harlan, IA for Sale
$1,260,000 USD
Freestanding - FOR SALE
1/3
null | 8% Cap Rate

1610 Chatburn Ave
Harlan, IA 51537


HIGHLIGHTS

  • 2023 Retrofit Family Dollar Tree
  • ±8.75 years remaining on an initial 10-year lease
  • Corporately guaranteed lease
  • Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
  • Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
  • The subject property comes with a 20-year roof warranty

OVERVIEW

BROKER OF RECORD ADAM MAREK LIC # F03991000 (IA) Pacific Realty Commercial, LLC 11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154

FOR SALE DETAILS

PRICE

$1,260,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

Commercial

APN/PARCEL ID

833250010091

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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