Multi-Tenant Retail | Burlington, IA
For Sale
Multi-Tenant Retail | Burlington, IA
Asking Price: $10,790,000
| Cap Rate: 7.95%
- Net Operating Income: $858,031
- Weighted Avg. Lease Term (WALT): 6.75 Years
- Lease Type: Net
Property Highlights
- Anchored by several national big box retailers: Dick’s Sporting Goods, Staples, Pet Supplies Plus, and JOANN Fabrics
- Greater Burlington serves as the retail and commercial hub for Southeast Iowa
- Located at the prime intersection in the main retail corridor; located right off Highway 34
- Dense retail corridor, surrounded by numerous national retailers including: Hy-Vee, Hobby Lobby, Kohl’s, Lowe’s, Shopko, Big Lots, and more
