Back to list

1130 Broadway Street, West Burlington, IA 52655

MLS Number: 2207576   |   Subtype: Commercial   |   Area: OT-E (East of I-380)
$ 398,000

Investment opportunity with this fully leased warehouse facility. Property is Net Leased to HAJOCA Corp. The current tenant, McDonald Supply, is a wholly owned subsidiary of HAJOCA Corp. Annual Rent = $33,000. CAP Rate of 8.3%. 9,180 SF warehouse built 1970, with office, loading dock and 14′ overhead door. 3,893 SF building, built 1980. 88

Property

  • County: Des Moines
  • Lot Size: 37913
  • Acres: 0.8700
  • Year Built: 1971
  • Zoning: I-2
  • Gross tax: $4,236.00

Building

Total Building SF: 13,073
Ceiling Height: 15ft-20ft

Utilities

Utilities: Electric,Gas
Heating/Cooling: Gas Heat

Lease Terms

Tenet Pays: Re Tax, CAM, Improvment, Janitorial, Heating, Water, Electricity, Trash Collection

IDX information is provided exclusively for customers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which consumers may have an interest. The data provided is deemed reliable but is not guaranteed accurate by the MLS, GLD Commercial and/or its affiliates.