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1205 E Summit St 27,500 SF 100% Leased Industrial Building Maquoketa, IA 52060 $1,455,561 CAD ($52.93 CAD/SF) 9.22% Cap Rate

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Investment Highlights

Price: $1,075,000
3% rent escalations
Price Per SF: $39.09

Cap Rate: 9.22%
Size: 27,500 SF

Executive Summary

NOI: $ 99,137.50 as of 1/1/26
Lease Rate: $3.50/SF NNN
Escalations: 3% Annual
Lease Term: 3 Year extension, 1/1/25 commencement
Extension Options: None

1205 E Summit St, Maquoketa, IA-OM

Property Facts

Price	$1,455,561 CAD	Rentable Building Area	27,500 SF
Price Per SF	$52.93 CAD	No. Stories	1
Sale Type	Investment	Year Built/Renovated	1994/1997
Cap Rate	9.22%	Parking Ratio	1.05/1,000 SF
Property Type	Industrial	No. Dock-High Doors/Loading	4
Property Subtype	Warehouse	No. Drive In / Grade-Level Doors	2
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	7.21 AC

Price	$1,455,561 CAD
Price Per SF	$52.93 CAD
Sale Type	Investment
Cap Rate	9.22%
Property Type	Industrial
Property Subtype	Warehouse
Building Class	B
Lot Size	7.21 AC
Rentable Building Area	27,500 SF
No. Stories	1
Year Built/Renovated	1994/1997
Parking Ratio	1.05/1,000 SF
No. Dock-High Doors/Loading	4
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.