1021 11Th St, De Witt, IA 52742

12,118 SF Health Care Building Offered at $1,549,000 at a 7.75% Cap Rate in De Witt, IA 52742

Asking Price $1,549,000

Property Type
Health Care
Square Feet
12,118 SF

Listing Contacts

Property Overview

Broker of Record
Adam Marek
License No. F03991000 (IA)
(402) 763-1710
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha,
NE 68154

Property Details

Year Built/Renovated
1961/2003
Stories
1
Lot Size (sq. ft)
21,344 SF
Units
1

Highlights

  • Prime Location– The 12,118 sq. ft. medical office is situated in a high-traffic area in DeWitt, Iowa, near key amenities, major roadways
  • Competitive Pricing– The property is offered at a low price per foot of $127.83, significantly below replacement cost.
  • New Roof– The roof was replaced in 2021 and includes a warranty, giving investors piece of mind that one of the largest capital items
  • Nearby Medical Tenants– The property is situated in close proximity to other medical tenants, such as Genesis Medical Center
  • Resilient Investment– Healthcare and medical office properties are sought after investments for their resilience against e-commerce competition
  • Recreational Opportunities– DeWitt offers a variety of recreational activities, including parks, trails, and sports facilities

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