3396 Nolan and Carney Drive

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3396 Nolan and Carney Drive

Perry, IA 50220
Asking Price
$900K
Asset Type
Flex Industrial
Class
Class B

AI Property Summary

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

  • Proposed industrial flex facility comprising 6,000 square feet
  • Asset located at 3396 Nolan and Carney Drive in Perry
  • Offered for sale at an asking price of $900,000
  • Flexible configuration suitable for light manufacturing or warehousing
  • Positioned within an accessible Iowa industrial submarket

What's Special

This industrial flex property proposed at 6,000 square feet presents a development opportunity in Perry, Iowa. The site at 3396 Nolan and Carney Drive sits within a regional market known for its accessibility to major transportation corridors in the Midwest. Such flex assets frequently serve a diverse range of business needs, including light manufacturing, specialized warehousing, and distribution operations that require a balance between office and open floor space. Proximity to local infrastructure allows for efficient logistics management for regional tenants and operators seeking a strategic footprint in this expanding submarket. Given the flexible nature of the proposed design, the facility is suited for businesses requiring customizable layouts to support specific operational workflows or professional services. Developers and investors looking to enter this specific industrial corridor will find the location well-positioned for capturing local and regional market demand in the Perry area.

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NOI
$80,000
Cap Rate
8.89%
DSCR
1.50
Strong
Cash-on-Cash
9.84%
Monthly Payment
$4,452.709
Annual Cash Flow
$26,567.493

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