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Collins Out-Parcel 1450 Twixt Town Rd 29,814 SF 100% Leased Retail Building Marion, IA 52302 $5,755,722 CAD ($193.05 CAD/SF) 7.81% Cap Rate
Investment Highlights
- Located on Collins Road across from Lindale Mall
- Exceptional visibility and signage
- Multiple access points
- New roofs - 2020
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,814 SF
Building Class
B
Year Built
1983
Price
$5,755,722 CAD
Price Per SF
$193.05 CAD
Cap Rate
7.81%
NOI
$449,622 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
2.10 AC
Zoning
C-3
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14021-51005-00000 | Improvements Assessment | $2,265,973 CAD |
| Land Assessment | $1,826,071 CAD | Total Assessment | $4,092,044 CAD |
Property Taxes
Parcel Number
14021-51005-00000
Land Assessment
$1,826,071 CAD
Improvements Assessment
$2,265,973 CAD
Total Assessment
$4,092,044 CAD
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Collins Out-Parcel | 1450 Twixt Town Rd
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