1630 7Th StAtlantic, IA 50022

Property Details for 1630 7Th St

Year built

1975

Construction

CONCRETE BLOCKS

Lot size

2.87 AC

Property size (Sq ft)

33,776 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

303013745001000

APU

303013745001000

Description

Atlantic Plaza, located at 1630 E 7th St in Atlantic, IA 50022, offers 7,400 square feet of Class A retail space currently available for lease. This multi-tenant property is situated in Cass County and presents a unique opportunity for businesses seeking flexible space options. The building is comprised of four suites, with a minimum divisible space of 1,400 square feet and a maximum contiguous space of 3,600 square feet. All 7,400 square feet are currently vacant, allowing for a single tenant to occupy the entire building or multiple tenants to occupy individual suites. The property's prime location in Atlantic offers excellent visibility and accessibility for customers. This is an ideal location for businesses seeking a high-quality, well-maintained space in a thriving community. The property is classified as Class A, reflecting its superior construction, amenities, and location. Interested parties are encouraged to inquire about lease terms and availability. This exceptional retail space presents a rare opportunity to establish or expand a business in a desirable location within a strong market. The address is easily accessible and provides ample parking for customers and employees. The building is well-maintained and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $8,645,416

  6.5%

  $7,980,384

  7%

  $7,410,357

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,344,296

  Geo Method

  $4,344,296

• Alternative Use

  Use

  Valuation

  Residential

  $6,731,753

  Hospitality

  $6,166,250

  Educational

  $5,130,247

  Medical

  $5,306,684

  Retail

  $7,980,384

Location Insight

City

Atlantic

County

Cass

State

Iowa

Latitude

41.4047

Longitude

-94.9894

Property Tax & Assessments

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