1140 Blairs Ferry Rd NE

Investment Overview

Fully Leased and recently remodeled retail investment opportunity near Super Target! Multi-tenant retail property located along Blairs Ferry Rd NE - nearly 23,000 vehicles per day. THE PROPERTY WAS EXTENSIVELY RENOVATED IN 2021/2022, INCLUDING A NEW ROOF, NEW FACADE AND ALL NEW HVAC. Tenants include: Dunn Brothers Coffee, The Good Feet Store, and Mextizo; all leases are personally guaranteed by principals of the tenant entities. 128 parking spaces included. 7.7% CAP rate. Current NOI: $180,020; subject to annual rental increases per the leases. Contact listing agent for additional details. Member of the ownership entity is a licensed REALTOR in the state of Iowa.

Investment Highlights

• Fully leased multi-tenant retail investment opportunity
• Located on highly travelled Blairs Ferry Rd NE
• 128 parking spaces
• 7.7% CAP rate