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--- 1183 Holton Drive, LeMars, IA 51031

--- LeMars, IA has homes for sale in the Sale category, with Real Estate MLS # 822879 available at 51031.

$795,000

  • N/A
  • N/A
  • 5000
  • Active
MLS #822879
MLS# 822879

General Description

Excellent Investment Opportunity! Single tenant 3N leased to National Women's Clothing Retailer Maurices, a subsidiary of the Ascena Group. 5,000 sf quality building in very good condition built in 2011 at the entrance to Super WalMart in LeMars, IA. A 8.5% cap rate makes this a profitable investment. 4 years remaining on the base lease with option increases every 5 years.

Legal: Lot A of Lot 10, LeMars Business Park, First Addition, Plymouth County, Iowa
Status: Active

Property Information

822879

$795,000

1183 Holton Drive

Surrounding Areas/Other Areas

LeMars

Plymouth

IA

Sale

Commercial

No

5000

78

2011

51031

9150

LISTED BY

Salem Real Estate, Dick Salem (712.204.2727)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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$650,000

Status: Active
127 Central Ave NW, LeMars, IA 51031

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Listed by : CENTURY 21 PROLINK, KJ WINGERT (712.224.2300) & CENTURY 21 PROLINK - LE MARS, JULIE HURT (712.546.6833)
Jeff Carlson - BROKER/OWNER

Jeff Carlson

BROKER/OWNER

Ask About this Property #822879

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