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    1204 12th Avenue

    Rock Falls, IL 61071
    • $700,000
    • STATUS: Active
    • ON SITE: 58 days
    • MLS #: 2103516
    UPDATED: 64 min ago
    $700,000
    • 0
      BEDS
    • 3.63
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,440
      SQFT
    • $67
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1999
    County:

    School Ratings & Info

    Description

    Net leased property to Bimbo Bakeries USA, Inc. Distribution warehouse with large parking lot. Construction is clear span steel with a standing seam steel roof. Four double overhead doors, two semi-loading docks, signage. New roof coating in 2020. NOI of $54,810; 7.83% Cap Rate. Great location at signalized intersection of 12th Ave and old Hwy 30 in Rock Falls. Co-owner is a licensed Realtor in the State of Iowa.

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    © 2021 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2021-07-25T17:42:28.647.
    www.lepicelite.com/homes/117632859
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    1204 12th Avenue Rock Falls, IL 61071

    • Price: $700,000
    • Status: Active
    • Updated: 64 min ago
    • MLS #: 2103516
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.63
    Acres
    10,440
    SQFT
    $67
    $/SQFT
    1999
    Built
    Neighborhood:
    OT-E (East Of I-380)
    County:
    Whiteside
    Area:
    OT-E (East Of I-380)
    Property Description
    Net leased property to Bimbo Bakeries USA, Inc. Distribution warehouse with large parking lot. Construction is clear span steel with a standing seam steel roof. Four double overhead doors, two semi-loading docks, signage. New roof coating in 2020. NOI of $54,810; 7.83% Cap Rate. Great location at signalized intersection of 12th Ave and old Hwy 30 in Rock Falls. Co-owner is a licensed Realtor in the State of Iowa.
    Exterior Features

    Construction Materials Stone Veneer Levels One Parking Features Off Street Roof Metal Stories Total 1

    Interior Features

    Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating CentralGas Heating YN Yes Interior Features Storage

    Property Features

    Lease Considered YN No Property Sub Type Retail Security Features Security Lights Sewer Public Sewer Tax Annual Amount 18914 Tenant Pays Common Area MaintenanceElectricityHeatInsuranceJanitorial ServiceTaxesTrash CollectionWater Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description Comm

    Listing information © 2021 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Doug Laird of Skogman Realty Commercial.
    © 2021 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2021-07-25T17:42:28.647.
     
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