NAI Ruhl Commercial Company

311 21st Street
Camanche, IA 52730
MLS# 7038312
Price $2,895,000

Listing Information
Property Type:Industrial
Square Footage:148440
Year Built:1980
Sewer:City Sewer

Interior Features

Exterior Features
Listing Description
INVESTMENT PROPERTY - Single tenant industrial property located in Camanche, IA. 148,440 SF pre-engineered steel building on 9.33 acre lot plus additional 14.18 acre adjacent lot. Property has a newly-extended 5 year lease expiring 6/21/23 with an international credit tenant who has been in the building for the last 24 years. Main property for sale at $2,503,000 plus $392,000 for extra lot. $280,073 annual rent less $59,242 average expenses = $220,831 NOI (8.82% CAP rate).