10-Year Absolute Net Sale-Leaseback

For Sale

22844 230th Ave, Centerville, IA 52544

This Centerville property for sale is located at 22844 230th Ave. The current listed sale price for 10-Year Absolute Net Sale-Leaseback is $2,920,000. 10-Year Absolute Net Sale-Leaseback is situated on a lot that is 7.29 square feet in size.

Contacts

broker

Andy Lubinski

Colliers

broker

Justin Felix

Colliers

broker

Aaron Whitmore

Colliers

broker

Ethan Haglund

Colliers

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Lot Size 7.29 SF
  • Additional Rent Contact for pricing
  • Year Built 2022
  • Date Updated Nov 20, 2024

Colliers is pleased to present the opportunity to purchase this Absolute Net Sale-Leaseback of the recently constructed RAMBO Bikes headquarters and distribution center in Centerville, IA. Upon closing, RAMBO Bikes will enter into a 10-year absolute net sale lease at 5.25/NNN with 3% annual rent escalations.

With the rapid adoption of the electric biking industry, RAMBO Bikes has positioned themselves as an industry leader. With the completion of this facility in 2022, RAMBO Bikes is well positioned to implement their rapid growth plan from this location long into the future.

Highlights:

  • Newly constructed facility (2022)
  • 10-year initial term
  • Absolute Net lease structure (Zero Landlord responsibilities)
  • 3% annual rent escalations
  • Room for future expansion

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Getting around

  • 25/100

    Bike Score ®

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Location

  • City Centerville, IA
  • Zip Code 52544

Points of Interest

  • Hardee's

    1.90 miles

  • Lucile's Steaks and Spirits

    1.98 miles

  • White Oak Grill

    4.51 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 10-Year Absolute Net Sale-Leaseback