Abelardo's Mexican Fresh

For Sale

1300 Lake Ave, Storm Lake, IA 50588

This Storm Lake property for sale is located at 1300 Lake Ave. The general use of Abelardo's Mexican Fresh is retail and it incorporates 3,499 square feet of class A retail space. The current listed sale price for Abelardo's Mexican Fresh is $646,150. Abelardo's Mexican Fresh is situated on a lot that is 0.99 acre in size.

Contacts

broker

Grant Kallevig

Encore Real Estate Investment Services

(320) 894-4714

Property Details

  • Property Type Retail - Freestanding
  • Property Size 3,499 SF
  • Lot Size 0.99 Acre
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 1997
  • Year Renovated 2023
  • Date Updated Apr 24, 2024
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Highlights

  • Personal Guaranteed Lease Backed by Over 40 Units
  • Situated in Storm Lake's Main retail Trade Corridor
  • 5-Mile Population is Over 12,000 People
  • Low Rent at Only $12/SF
  • Outparcel to HyVee Grocery (Iowa's Largest Grocer) and Bomgaars (Prominent Regional Farm and Outdoor Supplier)
  • Nearby Retailers Include: HyVee, Walmart, Arby's, Anytime Fitness, McDonald's, Walgreens, Maurices
  • Daily Traffic Counts of 8,000

Getting around

  • 45/100

    Walk Score ®

  • 55/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Storm Lake, IA
  • Zip Code 50588

Points of Interest

  • Hy-Vee

    0.12 miles

  • Fareway Meat & Grocery

    0.66 miles

  • Walmart Supercenter

    0.69 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

broker

Grant Kallevig

Encore Real Estate Investment Services

(320) 894-4714