3800 WEST AVENUE
Burlington, Iowa 52601
Ownership: Compounding Capital Holdings – Series D
Asset Type: Industrial - Single Tenant
Year Acquired: 2022
Acquisition: $2,858,000
TI’s: $650,000
Tenant: Western Smokehouse Partners
Land SF: 1,056,330
Building SF: 103,765
Cash on Cash: 9.23%
Additional Notes:
Acquired a vacant industrial building, re-tenanted with WSP. Building has undergone north of $20MM of improvements to accommodate for the tenant’s use.