609 W Taylor St
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609 W Taylor St
5,483 SF 100% Leased Retail Building Creston, IA 50801 £230,823 (£42/SF) 9.80% Net Initial Yield
Investment Highlights
- Ample off-street parking.
- Traffic averages: 10,000 VPD (2016).
Executive Summary
Commercial office building located in the middle of Creston’s 2-mile long commercial corridor on Highway 34. Great opportunity
for an owner/user, Current tenant is NuCara Home Medical, with adjacent 2,000 finished office/retail space available for lease.
for an owner/user, Current tenant is NuCara Home Medical, with adjacent 2,000 finished office/retail space available for lease.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,483 SF
Building Class
C
Year Built
1971
Price
£230,823
Price Per SF
£42
Net Initial Yield
9.80%
NOI
£22,621
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.27
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
C-1 - Commercial
Parking
10 Spaces (1.82 Spaces per 1,000 SF Leased)
Frontage
100 ft on Wyoming ave
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0512327002 | Improvements Assessment | £134,636 |
| Land Assessment | £41,016 | Total Assessment | £175,652 |
PROPERTY TAXES
Parcel Number
0512327002
Land Assessment
£41,016
Improvements Assessment
£134,636
Total Assessment
£175,652
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609 W Taylor St
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