Burlington Commons Outlot | Burlington, IA
For Sale
Burlington Commons Outlot | Burlington, IA
Asking Price: $2,790,000
| Cap Rate: 6.35%
- Net Operating Income: $176,969
- Weighted Avg. Lease Term (WALT): 7.5 Years
- Lease Type: Net
Property Highlights
- 100% Leased; Anchored by McAlister’s Deli with drive-thru
- Brand new high-quality construction; completed in 2020
- Outlot to Burlington Commons shopping center anchored by tenants including: Dick’s Sporting Goods, Jo-Ann Fabrics, Pet Supplies Plus, and Staples
- Strategically located along Agency Road which sees over 20,500 VPD