1065 & 1067 Center Point Road, Hiawatha, IA 52233
MLS Number: 2507756 |
Subtype: Commercial | Area: Hiawatha/Robins
$
1,495,000
Outstanding investment opportunity at 1065-1067 N Center Point Road, Hiawatha, IA. This 9,045 SF multi-tenant building is 100% occupied by high-quality tenants on NNN leases with annual rent escalations, delivering secure, predictable cash flow with NOI of $112,476 — a 7.5% cap rate at the offering price of $1,495,000. The modern, masonry building has been fully remodeled in recent years and is very well maintained. It offers great access to I-380, ideally positioned near the intersection of North Center Point Road and Boyson Road. This asset combines strong tenancy, prime location, and long-term stability — an excellent addition to any investment portfolio.
Property
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County: Linn
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Lot Size: 27443
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Acres: 0.6300
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Year Built: 2005
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Zoning: Commerci
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Gross tax: $34,154.00
Building
Total Building SF: 9,045
Ceiling Height: 7ft-10ft, 11ft-14ft
Utilities
Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Central Heat, Gas Heat, Central Air
Water Source: City Water
Sewer: City Sewer
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