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Shoe Sensation 610 N Jefferson Way 6,856 SF Retail Building Indianola, IA 50125 $773,517 CAD ($112.82 CAD/SF) 8.50% Cap Rate
Investment Highlights
- Recent Retrofit: 2019 retrofit from a former Advance Auto Parts.
- Strong Demographics: 5-Mile population of 18,967 residents with continued growth and affluent $108,620 average household income.
- Corporate Lease: Corporate lease with Shoe Sensation, Inc., a 244-location retailer in 20+ states.
- Attractive Cap Rate: 8.50% cap rate provides strong yield for investors.
- High Traffic Corridor: Traffic counts in excess of ±20,000 vehicles daily on Jefferson Way.
- Niche Market Focus: Shoe Sensation fills underserved markets in smaller towns with limited competition.
Executive Summary
Adam Marek
License # F03991000, S44830000 (IA)
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154
(866) 889-0550
Property Facts
Amenities
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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$9.99
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Lorem Ipsum
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Jan 0000
Shoe Sensation LOVES Shoes!!! Shoe Sensations mission is to provide quality and brand name footwear for the entire family. From toddlers to seniors, Shoe Sensations large selection of shoes has something for everyone as the typical Shoe Sensation will showcase over 10,000 pairs of the latest styles. National brands such as Skechers, Clarks, Crocs, and Easy Street for women are featured as well as an extensive collection of junior shoes from Rocket Dog, Fergalicious, Jellypop, Sperry, Skechers and Bearpaw. Children’s shoes are available in popular brands including Skechers and Nike. Prominent men’s brands include Dockers, Dr. Martens, Timberland, Lugz and Durango. A wide range of athletic shoes – from Under Armour, Nike, New Balance, Adidas, Asics, Puma and others, as well as the latest lifestyle brands like Converse and Vans – are also available at Shoe Sensation, Inc. Shoe Sensations Work and Safety styles include brands such as CAT, Timberland Pro, Wolverine, Skechers Work and more!
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 48840130012 | Improvements Assessment | $1,193,406 CAD |
| Land Assessment | $344,260 CAD | Total Assessment | $1,537,666 CAD |
Property Taxes
Presented by
Shoe Sensation | 610 N Jefferson Way
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