Contacts
Grant Kallevig
Encore Real Estate Investment Services
(320) 894-4714
Property Details
- 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 24, 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
Getting around
-
62/100
Walk Score ®
-
53/100
Bike Score ®
Powered by Walk Score ®
Location
- City Spencer, IA
- Neighborhood Spencer
- Zip Code 51301
Points of Interest
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Cenex
8.05 miles
-
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
-
Hy-Vee
1.40 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 Listing Broker
Grant Kallevig
Encore Real Estate Investment Services
(320) 894-4714