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1205 S Locust St 13,600 SF 100% Leased Retail Building Glenwood, IA 51534 $2,232,076 CAD ($164.12 CAD/SF)



EXECUTIVE SUMMARY
Dollar General and Anytime Fitness have both recently executed lease extensions through 2030. Annual rent
increases for Anytime Fitness and rent increase for Dollar General at next renewal option. High visibility frontage on S Locust St directly off the Hwy
34 on/off ramps in Glenwood, IA. Part of the main retail corridor with strong co-tenants like McDonalds, O'Reilly Auto Parts, Subway, Bomgaars, Medicap Pharmacy and Casey's. Newly refinished asphalt parking lot. 30 minutes to Council Bluffs and Omaha MSAs. 20 minutes to Offutt Air Force Base
increases for Anytime Fitness and rent increase for Dollar General at next renewal option. High visibility frontage on S Locust St directly off the Hwy
34 on/off ramps in Glenwood, IA. Part of the main retail corridor with strong co-tenants like McDonalds, O'Reilly Auto Parts, Subway, Bomgaars, Medicap Pharmacy and Casey's. Newly refinished asphalt parking lot. 30 minutes to Council Bluffs and Omaha MSAs. 20 minutes to Offutt Air Force Base
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
13,600 SF
Building Class
C
Year Built
2004
Price
$2,232,076 CAD
Price Per SF
$164.12 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.49 AC
Zoning
Commercial
Parking
24 Spaces (2.48 Spaces per 1,000 SF Leased)
Frontage
119’ on S Locust St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 065400110200000 | Improvements Assessment | $1,402,908 CAD |
| Land Assessment | $132,118 CAD | Total Assessment | $1,535,026 CAD |
PROPERTY TAXES
Parcel Number
065400110200000
Land Assessment
$132,118 CAD
Improvements Assessment
$1,402,908 CAD
Total Assessment
$1,535,026 CAD
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1205 S Locust St
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