Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a 100% fee simple interest in Creston Plaza (“The Property”), – a 16,590 square-foot strip center located in Creston, Iowa. Creston Plaza is 100% occupied by a fully internet insulated tenant line-up anchored by Hanson Fitness. The Property features a Pylon sign as well as a brand-new 25-year lease with one of the largest billboard companies in America. The Property is strategically located in between the main residential area of Creston and the main retail center, providing the most convenient retail location in town. The Property is surrounded by top-tier retailers including McDonalds, Walmart, Tractor Supply Co, HyVee, and many others. This Property is offered free and clear of debt at an 8.75% cap rate totaling $880,000.