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    Property profile & analytics
    OFF-MARKET Estimated value $1,695,000
    Retail space

    313 Roosevelt Ave, Burlington, IA 52601-1713

    80,976 SF 7.23 ac lot Built 1985
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US25-0274100
    Property summary
    AI-generated overview

    This exceptional retail property in Burlington, IA, offers a prime opportunity for businesses seeking high-visibility locations. The 78,640 square foot building has recently undergone renovations, creating a modern and attractive space for tenants. Currently, the property features a multi-tenant configuration with three suites. One suite, comprising 13,160 square feet, is immediately available. The building's recent renovations were specifically designed to accommodate retail and restaurant uses, making it ideal for a variety of businesses. The minimum divisible space is 13,160 square feet, providing ample room for expansion or flexibility in tenant needs. The property's strategic location ensures high foot traffic and excellent visibility, contributing to a strong potential for business success. The existing tenants, Tractor Supply and Ollie's Bargain Outlet, are established businesses that draw significant customer traffic to the center. This creates a synergistic environment for new tenants, benefiting from the established customer base. The available space is ready for immediate occupancy, offering a seamless transition for new businesses. This is a rare opportunity to secure a well-located, recently renovated retail space in a thriving market. Contact us today to learn more about this exceptional property and schedule a viewing.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1985
    Total area 80,976 SF
    Lot 7.23 ac (314,939 SF)
    Zoning code C2
    APN 10-36-476-020
    UPID US25-0274100
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Ollie's Bargain Outlet Carpet & Flooring Store Hardware & Home Improvement
    • Garden Center at Tractor Supply Garden Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.62M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.73M
    Blend (final) Blend
    $1.70M
    Owner & transaction history
    Fidc Xxxiii LLC · 3 yrs held
    Fidc Xxxiii LLC
    since 2023
    Last sale
    $1.8M
    4 recorded transactions
    2023
    $1.8M
    2015
    2006
    2006
    Zoning & alternative use
    C2 · Burlington, IA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Industrial (general) $2.6M +9.4%
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