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1204 12th Avenue

Rock Falls, IL 61071
  • $665,000
  • STATUS: Active
  • ON SITE: 233 Days
  • MLS #: 2103516
$665,000
  • 0
    BEDS
  • 1.59
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,440
    SQFT
  • $64
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1999
County:

School Ratings & Info

Description

PRICE REDUCED! Triple-Net leased property. Bimbo Bakeries USA, Inc. has been Tenant since 1999. Net Operating Income of $54,810; 8.2% Cap Rate. Distribution warehouse with large parking lot. Four double overhead doors (22 x 12), 14 sidewalls, two semi-loading docks, signage. New roof coating in 2020. Parking lot sealed and striped 2021. Great location at signalized intersection of 12th Ave and old Hwy 30 in Rock Falls. Co-owner is a licensed Realtor in the State of Iowa.

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© 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Graf Home Selling Team & Associates. Data last updated: 2022-01-15T23:42:27.097.
www.cedarrapidsareahomes.com/homes/117632859
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1204 12th Avenue Rock Falls, IL 61071

  • Price: $665,000
  • Status: Active
  • On Site: 233 Days
  • MLS #: 2103516
0
Beds
0
Baths
0
½ Baths
1.59
Acres
10,440
SQFT
$64
$/SQFT
1999
Built
Neighborhood:
OT-E (East Of I-380)
County:
Whiteside
Area:
OT-E (East Of I-380)
Property Description
PRICE REDUCED! Triple-Net leased property. Bimbo Bakeries USA, Inc. has been Tenant since 1999. Net Operating Income of $54,810; 8.2% Cap Rate. Distribution warehouse with large parking lot. Four double overhead doors (22 x 12), 14 sidewalls, two semi-loading docks, signage. New roof coating in 2020. Parking lot sealed and striped 2021. Great location at signalized intersection of 12th Ave and old Hwy 30 in Rock Falls. Co-owner is a licensed Realtor in the State of Iowa.
Exterior Features

Construction Materials Stone Veneer Levels One Parking Features Off Street Roof Metal Stories Total 1

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating CentralGas Heating YN Yes Interior Features Storage

Property Features

Lease Considered YN No Property Sub Type Retail Security Features Security Lights Sewer Public Sewer Tax Annual Amount 18914 Tenant Pays Common Area MaintenanceElectricityHeatInsuranceJanitorial ServiceTaxesTrash CollectionWater Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description Comm

Listing information © 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Doug Laird of Skogman Realty Commercial.
© 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Graf Home Selling Team & Associates. Data last updated: 2022-01-15T23:42:27.097.
 
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The Graf Home Selling Team & Associates
1190 Twixt Town Rd NE
Cedar Rapids IA, 52402