List Search

5475 Dyer Ave
Marion, IA 52302

$1,153,760 USD

Storefront Retail Office For Sale  •  8,000 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 8,000 SF
  • Lot Size 0.65 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 7.50 %
  • Tenancy Multiple
  • Zoning C-3
0 Transit Score
49 Walk Score

Highlights

Dyer Ave Retail Center in Marion, IA | CEDAR RAPIDS MSA
100% Leased Retail/Office Strip Center | STRONG MIX OF SERVICE ORIENTED TENANTS
Minimal Landlord Responsibilities | ALL TENANTS REIMBURSE FOR NNN EXPENSES
Proven Long-Term Tenants | SCHWEEN CHIROPRACTIC & GROWTHLAND HAVE OCCUPIED THE SITE SINCE 2011 AND 2014, RESPECTIVELY
Recent Lease Extensions | SCHWEEN CHIROPRACTIC, MEEKS CONSTRUCTION, AND GROWTHLAND ALL RECENTLY EXTENDED THEIR LEASES, DEMONSTRATING THEIR COMMITMENT
Shadow-Anchored by a High-Performing Walmart Supercenter | TOP 79TH PERCENTILE OF WALMARTS IN IOWA IN ANNUAL CONSUMER TRAFFIC | OVER 2.6M VISITORS

Property Flyers

Cap Rate: 7.50 %

Public Transportation

AirportDriveWalkDistance
The Eastern Iowa 29 min - 20.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Michael Scali 914-582-8281 SAB Capital
Michael Scali 914-582-8281 SAB Capital