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