1065 & 1067 N Center Point RD, Hiawatha, IA 52233
1065 & 1067 N Center Point RD, Hiawatha, IA 52233
1065 & 1067 N Center Point RD, Hiawatha, IA 52233
3
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$1,495,000
Est. payment /mo
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9,045 SqFt
Price Dropped by $130K

1065 & 1067 N Center Point RD Hiawatha, IA 52233

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Brenda Conyn

Brenda Conyn

+1(515) 297-4663

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 9,045 sqft

Price per Sqft $165

MLS Listing ID 2507756

HOA Y/N No

Total Fin. Sqft 9045

Year Built 2005

Annual Tax Amount $34,154

Lot Size 0.630 Acres

Acres 0.63

Property Sub-Type Investment

Property Description

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.

Location

State IA

County Linn

Area Hiawatha/Robins

Zoning Commerci

Interior

Interior Features InteriorFeatures

Heating Central, Gas

Cooling Central Air

Flooring Carpet

Inclusions Building, Land

Fireplace No

Exterior

Exterior Feature Sprinkler/Irrigation

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Membrane

Building

Building Description Frame, Kitchen Facilities,Multi-Tenant,Private Restrooms,Pole Sign

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Others

Tax ID 113212601100000

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2507756

Listed by SKOGMAN REALTY COMMERCIAL

NEARBY SCHOOL & BUSINESS

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Brenda Conyn

Brenda Conyn

Agent License ID: 63503000

+1(515) 297-4663

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1065 & 1067 N Center Point RD