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