311 W Rainbow Dr #C-2 West Liberty IA 52776
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311 W Rainbow Dr #C-2 West Liberty IA 52776
This leased investment opportunity comes with an excellent and credible tenant, Hy-Vee Pharmacy. Features include double door entrance, large windows and a drive thru on the east side of the building. Hy-Vee has been operating in this location since 2017, the current lease runs through April 2027 with 2 three-year options to renew remaining. Monthly base rent is $2370 per mo plus a portion of the property taxes. The unit is a commercial condo facing Hwy 6 with a traffic count of 5800 cars per day. The C1 zoning is for Highway Commercial Uses and the building has plenty of off-street parking. The space is an open concept with a retail counter separating the pharmacy stock from the retail store area.
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