313 Roosevelt Ave Burlington, IA 52601
- Retail space
- 80,976 SF
- 7.23 lot acres
Current Use by Public Records
- Ollie's Bargain Outlet / Appliance Store / Book Store
- Garden Center at Tractor Supply / Garden Center / Garden Building Supplier
Property Details for 313 Roosevelt Ave
- Year built
- 1985
- Lot size
- 7.23 lot acres
- Property size
- 80,976 SF
- Zone code
- C2
- Property type
- Retail space
- APN
- 10-36-476-020
- APU
- 1036476020
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,560,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,720,000
- 6.5%
- $2,015,000
- 7%
- $1,845,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,705,000
- Geo Method
- $2,095,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,790,000
- Retail
- $1,745,000
- Mixed-Use
- $1,820,000
- Hospitality
- $1,955,000
- Educational
- $1,720,000
- Residential Income
- $1,845,000
- Energy
- $2,040,000
- Income-Based Land
- $1,655,000
- Food Service
- $2,075,000
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Des Moines
- State
- Iowa
- Longitude
- -91.1428
- Latitude
- 40.8122
- CBSA code
- 15460
- CBSA name
- BURLINGTON, IA-IL MICROPOLITAN STATISTICAL AREA
