- For Sale $828,570
- Property Type Retail - Restaurant
- Property Size 5,438 SF
- Lot Size 0.9 Acre
- Property Tenancy Single Tenant
- Year Built 1979
- Year Renovated 2023
- Date Updated Apr 3, 2024
Near walmart in Spencer IA.
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Highlights
- Personal Guaranteed Lease Backed by Over 40 Units
- Spencer Serves as a Regional Hub for the Surrounding 20 Mile Radius
- Spencer IA has grown by 2.98% since last census
- Abelardo's is Positioned Along Sepncer's Main Retail Corridor
- Nearby Retailers Include Walmart, Bomgaars, Hobby Lobby, KFC, Jersey Mike's, Menard's, and Many Others
- Replaceable Rents of $13.24/SF Make This a Fundamentally Sound Investment
False
Contacts
Grant Kallevig
Encore Real Estate Investment Services
(952) 820-4447
Location
Getting Around
-
Walk Score ®
Somewhat Walkable (62) -
Bike Score ®
Bikeable (53)
Powered by Walk Score ®
- City Spencer, IA
- Neighborhood Spencer
- Zip Code 51301
Points of Interest
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Cenex
8.05 miles
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Arby's
0.38 miles
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McDonald's
0.40 miles
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Spencer Golf and Country Club
2.47 miles
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Walmart Supercenter
0.26 miles
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Southpark Mall
0.53 miles
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Fareway
1.37 miles
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Hy-Vee
1.40 miles
Contact Listing Broker
Grant Kallevig
Encore Real Estate Investment Services
(952) 820-4447