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2201 E Oak St
Algona, IA 50511

$8,000,000 USD

Warehouse For Sale  •  31,200 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 31,200 SF
  • Lot Size 9.18 AC
  • Building Class B
  • Year Built 1995
  • Cap Rate 7.75 %
  • Tenancy Single
  • Zoning Commercial/Industrial
0 Transit Score
13 Walk Score

Highlights

Brand New 15-Year Absolute NNN Lease Term with 2% Annual Rental Increases
Mission-Critical Headquarters Location
Innovative Operator with 65 Years of Experience and Strong Guarantee | $87.5M Revenue (2023)
Long-Term Customers | Average Customer Relationship is More Than 15 Years
Dominant Market Share | Largest Provider in Fertilizer Storage Construction Market
Growing Industry | 7-9% Annual Growth, $900M Value (est.) by 2027

Property Flyers

Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Stueve Construction LLC. 31,200 SF
Scott Briggs 918-794-9787 Northmarq
Scott Briggs 918-794-9787 Northmarq