Investment Highlights
- Complete Interior Remodel For Hy-Vee
- New Roof 2022 (Over Hy-Vee & Guitar Center)
- New Mechanicals 2022 (Hy-Vee)
- Petco - Long Term Tenancy With Multiple Extensions
- Just Over Five Years Remain
- Petco Has Occupied Since 1995
- Next Rent Bump On February 2023
- One –Five Year Option Remains
- Guitar Center - New Six Year Lease
- Corporate Guarantee –Nearly 300 Locations
- One –Five Year Option (With Increase)
- Leased At This Location Since 2006 (16 Years)
- Hy-Vee Central Bakery - New 10 Year Lease
- Six –Five Year Options (With Increases)
- Served As A Hy-Vee Central Bakery Location
- Leased At This Location Since 1997 (25 Years)
- All Leases Are Triple-Net
- Landlord Responsible For Roof & Structure
- Landlord Handles Management And Reimbursement From Other Outlot Retail Building
- Extremely Dense Retail Market Located Right Off Interstate 74
- Surrounded By Other National And Regional Retailers
- Market Occupancy Of 95.6% -Retail
- Over 133,000 Residents Within Five Miles
- Average Household Income Of $81,050 Within Five Miles
- Elmore Ave Traffic Counts –17,500 (2020)
