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202 11th Street Sw Plz
Spencer, IA 51301

Abelardo's · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Personal Guaranteed Lease Backed by Over 40 Units.
  • Spencer IA has grown by 2.98% since last census.
  • Nearby Retailers Include Walmart, Bomgaars, Hobby Lobby, KFC, Jersey Mike's, Menard's, and Many Others.
  • Spencer Serves as a Regional Hub for the Surrounding 20 Mile Radius.
  • Abelardo's is Positioned Along Spencer's Main Retail Corridor.
  • Replaceable Rents of $13.24/SF Make This a Fundamentally Sound Investment.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,200 SF
Building Class
C
Year Built/Renovated
1979/2023
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.90 AC
Zoning
C

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9636-19-102-007
Land Assessment
£148,553
Improvements Assessment
£263,459
Total Assessment
£412,011
  • Listing ID: 31353542

  • Date on Market: 28/03/2024

  • Last Updated:

  • Address: 202 11th Street Sw Plz, Spencer, IA 51301

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