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1205 E Summit St 27,500 SF 100% Leased Industrial Building Maquoketa, IA 52060 $1,480,608 CAD ($53.84 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

PROPERTY FACTS

Price $1,480,608 CAD
Price Per SF $53.84 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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
145183020001900
Land Assessment
$120,564 CAD
Improvements Assessment
$446,582 CAD
Total Assessment
$567,146 CAD
  • Listing ID: 38158097

  • Date on Market: 2025-10-21

  • Last Updated:

  • Address: 1205 E Summit St, Maquoketa, IA 52060

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