230 S NINTH AVE

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230 S NINTH AVE

ELDRIDGE, IA 52748-1932
Asking Price
Contact for price
Asset Type
Traditional Office Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The asset is located in the growing market of Eldridge, Iowa.
  • Property functions as a traditional office within the retail segment.
  • Building interior recently underwent a comprehensive remodeling process.
  • Facility features professional Class A office space specifications.
  • Site resides on South Ninth Avenue within the 52748 zip code.

What's Special

This retail asset functioning as a traditional office is situated in Eldridge, Iowa. The property features a newly remodeled Class A interior, providing a professional environment suitable for businesses seeking a high-quality headquarters or administrative hub in a growing suburban market. Eldridge benefits from its proximity to larger regional hubs within the Quad Cities area, maintaining a steady economic climate that supports small and medium-sized enterprises. Its location on South Ninth Avenue provides accessibility for clients and staff within the local municipality. The layout and finish of the space accommodate various professional service firms or administrative operations looking to establish a presence in this expanding corridor of Scott County. The building represents a functional asset for investors or owner-occupiers prioritizing a modern, move-in ready space in a stable regional economy.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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