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1205 S Locust St 13,600 sq ft 100% Let Retail Property Glenwood, IA 51534 £1,202,617 (£88.43/sq ft)
EXECUTIVE SUMMARY
Dollar General and Anytime Fitness have both recently executed lease extensions through 2030. Annual rent
increases for Anytime Fitness and rent increase for Dollar General at next renewal option. High visibility frontage on S Locust St directly off the Hwy
34 on/off ramps in Glenwood, IA. Part of the main retail corridor with strong co-tenants like McDonalds, O'Reilly Auto Parts, Subway, Bomgaars, Medicap Pharmacy and Casey's. Newly refinished asphalt parking lot. 30 minutes to Council Bluffs and Omaha MSAs. 20 minutes to Offutt Air Force Base
increases for Anytime Fitness and rent increase for Dollar General at next renewal option. High visibility frontage on S Locust St directly off the Hwy
34 on/off ramps in Glenwood, IA. Part of the main retail corridor with strong co-tenants like McDonalds, O'Reilly Auto Parts, Subway, Bomgaars, Medicap Pharmacy and Casey's. Newly refinished asphalt parking lot. 30 minutes to Council Bluffs and Omaha MSAs. 20 minutes to Offutt Air Force Base
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Shopfront
Property Size
13,600 sq ft
Costar Property Class
C
Year Built
2004
Price
£1,202,617
Price per sq ft
£88.43
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.21
Total Plot Size
1.49 ac
Use Class
Commercial
Parking
24 Spaces (2.48 Spaces per 1,000 sq ft Leased)
Frontage
119 ft on S Locust St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 065400110200000 | Improvements Assessment | £751,649 |
| Land Assessment | £70,786 | Total Assessment | £822,435 |
PROPERTY TAXES
Parcel Number
065400110200000
Land Assessment
£70,786
Improvements Assessment
£751,649
Total Assessment
£822,435
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1205 S Locust St
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