10-Year Absolute Net Sale-Leaseback

22844 230th Ave, Centerville, IA 52544

  • For Sale $2,920,000
  • Property Type Industrial - Warehouse/Distribution
  • Lot Size 7.29 SF
  • Additional Rent Contact for pricing
  • Year Built 2022
  • Date Updated Nov 15, 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

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Attachments

Contacts

broker

Andy Lubinski

Colliers

broker

Justin Felix

Colliers

broker

Aaron Whitmore

Colliers

broker

Ethan Haglund

Colliers

Location

Getting Around

  • Bike Score ®

    25/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Walmart Supercenter

    0.99 miles

  • Hy-Vee

    1.97 miles

  • Centerville Fire Department

    1.82 miles

  • Hy-Vee Pharmacy

    1.98 miles

  • Mercy Medical Center

    3.06 miles

  • Southern Appaoose County First Responders

    4.50 miles

  • Mystic Fire Department

    7.15 miles

  • Moulton Fire Department

    9.18 miles

Frequently Asked Questions

How much does 10-Year Absolute Net Sale-Leaseback cost?

The space currently listed for sale at 10-Year Absolute Net Sale-Leaseback asks for $2,920,000.

What is the total square footage of 10-Year Absolute Net Sale-Leaseback?

10-Year Absolute Net Sale-Leaseback totals 45,920 square feet.

When was this property built?

10-Year Absolute Net Sale-Leaseback was built in 2022.

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Contact 10-Year Absolute Net Sale-Leaseback