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501 7th Ave
Marion, IA 52302
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 8.69% CAP | 5,000 SqFt <ul><li>NOI - $80,419</li><li>CAP Rate - 8.69%</li><li>Tenant In Place with National Franchise</li><li>Capital Improvements: Renovation and addition with new HVAC (2017), new roof (2020), and new</li><li>asphalt parking lot (2022).</li></ul>
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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
