Endon Center

Highlights:

• - 22,200 SF building with 5 units
• - Built in 1997, zoned C- Commercial
• - High Visibility with 12,100 vehicles per day on Main St
• - 100% occupancy, including 2 Credit Tenants
• - 13.69 acres
• - NOI $65,085

Description:

This exceptional 22,200 SF property at 3533 Main St, Keokuk, IA, 52632 is a compelling investment opportunity with a host of standout features. The recently resurfaced parking lot and the newer building in excellent condition showcase the property's commitment to quality and maintenance. With good mechanicals and fantastic visibility on the main corridor through town and the highway leading to Illinois and Missouri, this property is strategically positioned to attract high traffic counts, with 12,100 vehicles per day on Main Street. The property's 100% occupancy rate, with 5 great tenants, including 2 credit tenants, underscores its desirability and strong appeal to businesses and customers alike.

Moreover, the potential to increase rents over time presents a promising opportunity to significantly boost revenue and enhance the property's financial performance. With almost 14 acres of land available, there is ample space to build additional buildings, whether for retail or industrial/storage purposes, offering the potential to further diversify revenue streams and expand the property's income-generating capacity. The abundance of parking adds to the property's allure, providing convenience for tenants and customers and contributing to the property's overall value proposition.

In summary, this property offers a rare combination of stability, growth potential, and versatility, making it an ideal investment for those seeking a secure and lucrative opportunity in the retail and strip center market. Its prime location, strong tenant base, and expansive acreage make it a standout choice for investors looking to capitalize on the thriving commercial landscape of SE Iowa and unlock the property's full potential for long-term success and value creation. This investment opportunity provides a solid foundation for investors to establish or expand their presence in the region and benefit from the property's strong performance, promising outlook, and capacity for sustained growth and profitability.

Located at 3533 Main Street in Keokuk, Iowa, The Endon Center is a premier retail strip center situated along the city's bustling Main Street, which serves as Highway 218 and Highway 61, generating approximately 12,100 daily vehicle passes. This strategic location offers unparalleled visibility and convenience for retailers, service providers, and local businesses.

Endon Center benefits from its proximity to high-traffic neighbors, ensuring a steady flow of diverse customers and exceptional brand exposure. Keokuk, known as the "Gateway City to the West," is strategically positioned at the intersection of Iowa, Illinois, and Missouri, making it a vital hub for residents and travelers. As the most populous city in Lee County, Keokuk boasts a rich history, a close-knit community, and a growing array of amenities that attract both locals and visitors year-round. The connectivity of Main Street to highways 218, 61, and nearby Highway 136 guarantees easy access for both local and regional customers. With a supportive business climate, robust infrastructure, and a vibrant small-town character, Endon Center presents an appealing opportunity for businesses seeking high visibility in Keokuk's thriving retail landscape.

The high traffic volume and prominent location provide an ideal setup for businesses seeking to establish or expand their presence in the region, with the potential to capitalize on the diverse customer base drawn to the area's historical significance, community feel, and growing amenities.

Documents: