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    OFF-MARKET
    Medical Office Space

    600 Main St, Burlington, IA 52601-5012

    6,964 SF 0.31 ac lot Built 1981
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US25-0376171
    Property summary
    AI-generated overview

    This exceptional opportunity presents four versatile office spaces for lease within the prestigious Riverside Office Complex, located in the heart of Downtown Burlington. The available units range in size from 124 square feet to 338 square feet, catering to a variety of business needs. Each space benefits from included utilities, encompassing internet access, a customized phone system with up to two lines, central air conditioning and heating, and access to shared public restrooms and a conference room. The building offers both private and public parking for your convenience. Prominent signage opportunities are available to showcase your business name. Monthly rental rates range from $300 to $700, depending on the selected space. A security deposit equal to one month's rent is required, along with the last month's rent, payable within three months of lease commencement. This policy is in place to mitigate potential damages and ensure responsible tenancy. A yearly lease is required. The application process includes providing references and undergoing a credit/background check for a $39.99 fee (credited towards rent if approved). A move-in cost of $1000 is required, encompassing the security deposit, first month's rent, and last month's rent (due within three months). No smoking is permitted on the premises. Contact us today to schedule a viewing and secure your ideal workspace.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1981
    Total area 6,964 SF
    Lot 0.31 ac (13,678 SF)
    Zoning code C3
    APN 11-33-357-005
    UPID US25-0376171
    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
    • Cure Solutions Electronics & Wireless Store
    • Southeast Ia Orthopaedics: Hendricks Michael W MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Boyer Holdings LLC · 4 yrs held
    Boyer Holdings LLC
    since 2021
    Last sale
    $320,000
    1 recorded transaction
    2021
    $320,000
    Zoning & alternative use
    C3 · Burlington, IA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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