104 Agency St West Burlington, IA 52655

This exceptional investment opportunity presents a 24,192 square foot masonry retail building anchored by Harbor Freight Tools, located at 104 W Agency Street, Burlington, Iowa, 52655. Built in 1997, the property boasts excellent visibility and ample parking, situated in a high-traffic regional retail area alongside major retailers such as Wal-Mart, Dollar Tree, Lowe's, and Kohl's. A significant portion of the building (approximately 9,192 square feet) on the west side is currently available for co-tenancy, presenting a strong potential for increased income. The property features twin loading docks, adding to its operational efficiency. The current capitalization rate (CAP) is 7.33% based on actual income, with a pro forma CAP rate projected near 12% upon full occupancy. The site benefits from an average daily traffic count of 12,300 vehicles. This property offers a compelling combination of strong tenancy, high visibility, and significant upside potential, making it an attractive investment in a thriving retail market. The asking price is $1,800,000. Drone aerial photos are available via a provided link.