For Sale
$3,550,000
600 Le Claire Rd Eldridge, IA 52748
Iowa Retail Investment: 7.77% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- $3,550,000 asking price for a 27,120 SF shopping center.
- Net lease, Class B property with a 7.77% pro-forma cap rate and $276,002 pro-forma NOI.
- Multi-tenant (6 tenants) with 86% occupancy; located at 600 E Le Claire Rd, Eldridge, IA 52748.
- 2.58-acre lot, single-story building, $130.90 price per square foot.
- High-traffic, high-visibility location on E Le Claire Rd at Hwy 61 exit; leases include annual escalations.
Property Details for 600 Le Claire Rd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 27,120 SF
- Class
- B
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 112,385 SF
- Units
- 8
Location Insight
- City
- Eldridge
- County
- Scott
- State
- Iowa
- Latitude
- 41.6553181
- Longitude
- -90.5750676
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Iowa Retail Investment: 7.77% Cap Rate
- Where is the lifestyle center located?
- The property is located at 600 Le Claire Rd Eldridge, IA.
- What is the asking price?
- The asking price for this property is $3,550,000.
- What are key features of this property?
- This property features: $3,550,000 asking price for a 27,120 SF shopping center.; Net lease, Class B property with a 7.77% pro-forma cap rate and $276,002 pro-forma NOI.; Multi-tenant (6 tenants) with 86% occupancy; located at 600 E Le Claire Rd, Eldridge, IA 52748.
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