718 5TH ST new Save Request In-Person Tour Request Virtual Tour
Durant,IA 52747
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,736 sqft
Price per Sqft $91
MLS Listing ID QC4262531
Year Built 1973
Annual Tax Amount $4,326
Tax Year 2023
Lot Size 0.270 Acres
Property Sub-Type Commercial
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
Location
State IA
County Cedar
Area Qcara Area
Zoning C-1
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet,Concrete
Exterior
View true
Roof Type Asphalt/Fiberglass,Flat
Building
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Frame