Industrial    

Stueve Construction, LLC

 Algona, Iowa

Asking Price

$8,000,000

Cap Rate

7.75%

Icons_NM_White_NOI

Proposed Annual Rent

$620,000

Icons_NM_White_size

Total Rentable SF

+/- 31,200 SF

Icons_NM_White_land

Land Area

+/- 9.18 Acres

Icons_NM_White_absolute-NNN

Expenses

Absolute NNN

Icons_NM_White_built

Built

1995

For more details on this exclusive listing

DOWNLOAD OM

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • Brand New 15-Year Absolute NNN Lease Term
  • 2% Annual Rental Increases
  • Mission-Critical Headquarters Location
  • Innovative Operator with 65 Years of Experience
  • Strong Guarantee | $87.5M Revenue (2023)
  • Long-Term Customers | Average Customer Relationship is More Than 15 Years
  • Dominant Market Share | Largest Provider in Fertilizer Storage Construction Market
  • Growing Industry | 7-9% Annual Growth, $900M Value (est.) by 2027

Exclusively Listed By

Scott Briggs

Senior Vice President
  sabriggs@northmarq.com      918.794.9787
IA Lic. #B67010000

Kelly Largent

Vice President
  klargent@northmarq.com      918.884.3142

David Read

Associate
  dread@northmarq.com      918.884.3141

Sarah Martin

Lead Marketing & Operations Analyst
  smartin@northmarq.com   

Nathanael Berwaldt

Investment Analyst
  nberwaldt@northmarq.com   

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

 

northmarq.com

©2024 Northmarq
Privacy Policy Terms & Conditions