524 1st Ave, Perry, IA
Retail space available near Highway 141 in Perry, Iowa.
- Added:
- Sep 25, 2025
- Days on Market:
- 261
- Last Refresh:
- May 20 at 8:55 pm
Property Features for 524 1st Ave
General Information
- Standard status
- Active
- Size
- 5,400 SF
- Lot size
- 0.40 Acres
- Property subtype
- RETAIL
Properties For Sale
at 524 1st Ave Contact us
Listing agent Ryan Siedenburg License #S63895000 (515) 339-9616
Listing office The Siedenburg Group (515) 339-9616
Listing date Sep 25, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Siedenburg Group
HighLights
- Immediate occupancy available.
- Located just seconds off Highway 141.
- Well‑trafficked corridor location.
- Suitable for tenant or owner/user.
- Former cell phone retailer space.
- Located in Perry, IA.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.0k | $15.00 |
| − Vacancy | −$2.6k | −$0.48 |
| EGI | $78.4k | $14.52 |
| − OpEx | −$23.5k | −$4.36 |
| NOI | $54.9k | $10.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Perry
- County
- Dallas
- State
- Iowa
- Longitude
- -94.1061
- Latitude
- 41.8328
