Property Description
Mercy One/Genesis signed a five (5) year lease with an annual rental rate of $30,096.00 per year. Rent bump in year 3. Net lease with landlord responsible for roof and structure. 12% cap rate at asking price. Lease commences May 1st, 2025
Features
: Forced Air
: Central Air
: Flat, Asphalt/fiberglass
: Carpet, Concrete
C-1
Address Map
US
IA
Cedar
Durant
5TH
718
Street
0
W91° 5' 26.7''
N41° 36' 2.3''
N/A
MLS Addon
Hawkeye Commercial Real Estate
Chris
Wilkins
$0
: Brick, Frame
2
: One
RMAQCQ6149
RMAQCQHECORAL
Active
04001636100090
: Public Sewer
$4,326
2023
Commercial Sale For Sale
718 5TH Street, Durant, Iowa
11,900 Acre
$250,000
Listing ID #RMAQC4262531
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : RMAQC4262531
Price : $250,000
Year Built : 1973
Lot Size : 11,900 Acre
Property Sub Type : Commercial
Standard Status : Active
Agent info
Contact Agent