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1609 18th St
Spirit Lake, IA 51360

$1,927,000 USD

Storefront Retail Office For Sale  •  14,250 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 14,700 SF
  • Lot Size 1.3 AC
  • Building Class B
  • Year Built 2019
  • Tenancy Multiple
  • Zoning C
0 Transit Score
49 Walk Score

Highlights

14,700 Square Foot Multi-Tenant Retail Center Located just down the street from a Walmart Supercenter
Fully Stabilized Retail Center Offered at 100% Leased
Zero Lease Rollover until September 2026
Triple Net Leases with Very Minimal Landlord Responsibility
Strong Mix of National Credit Retailer Including Dollar Tree (NASDAQ: “DLTR”) with Local E-Commerce Resistant Tenants
Long-Term Leases with Zero Lease Rollover until 2024 | Dollar Tree (66% of GLA) is Leased thru January 2027

Amenities

  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Nathan Whalen 317-218-5329 Marcus & Millichap
Nathan Whalen 317-218-5329 Marcus & Millichap