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311 21st Street, Camanche, Ia 52730


SALE: $2,895,000 Industrial
  • MLS# 7038312
  • |Clinton County
  • |148440 Sq. Ft.

More about 311 21st Street, Camanche, IA 52730

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).

pdficon311 21st St, Camanche brochure 7.12.18
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Charlie Armstrong, SIOR Vice President / Director
563-355-4000
563-529-6600
563-823-5106
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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).

Listing Information
  • Year Built: 1980
Interior Features
  • Cooling: Central,Partial
  • Location: Industrial Area
  • Roof: Wood/Shingle/Shake,Sloped
  • Sewer: City Sewer
Exterior Features
  • Available Square Feet: 148440
  • Total Building Square Feet: 148440
  • Parcel ID: 101872000 / 10187221000
  • Zoning: M-1
  • Annual Tax: 55796.00
  • Description: Free Standing,Single Tenant,1 Story
  • Tax Incentives: In City Limit
  • Heating: Forced Air,Gas,Individual Units
  • Directions: Highway 67 to 21st Street, west on 21st to property
  • Drive-in Doors: 0
  • #Dock Doors: 0
  • Min Ceiling Height: 0
  • Max Ceiling Height: 0
  • Three Phase: No
  • Total Units: 0
  • Total Buildings: 0
  • Lease Includes: Land,Building,Sale/Lease Includes Other
  • Owner Pays: Structural Maintenance
  • Tenant Pays: Real Estate Taxes,Insurance,Internal Maintenance,Janitorial,Trash,Snow/Lawn,Gas,Electric,Water/Sewer,Management
Lot Features
  • Lot size : 23.51
  • Acres: 23.51

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