560 MAIN ST
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Location
560 MAIN ST
Mblu
R22/ 23/ 25/ /
Acct#
Owner
EXCHANGERIGHT NET-LEASED PORTFOLIO 54 DST
PBN
Total Market Value
$6,084,700
Appraisal
$6,084,700
PID
4275
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$5,338,400$746,300$6,084,700
Assessment
Valuation YearImprovementsLandTotal
2026$5,338,400$746,300$6,084,700

Owner of Record
OwnerEXCHANGERIGHT NET-LEASED PORTFOLIO 54 DST
Co-Owner
Address9215 NORTHPARK DR

JOHNSTON, IA 50131
Sale Price$17,300,000
Certificate
Book & Page 67245/358
Sale Date03/10/2022
Instrument1U

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
EXCHANGERIGHT NET-LEASED PORTFOLIO 54 DST$17,300,000 67245/3581U03/10/2022
SIMRAH GARDENS LLC$14,850,000 62814/1711U07/16/2020
MDC BOX 1 LLC$11,395,232 61571/871U12/11/2019
ARCP GS GARDNER MA LLC$14,492,028 52899/00781U10/09/2014
NICHOLS SQUARE LLC$99 47869/00401B09/23/2011

Building Information
Building 1 : Section 1
Year Built: 2012
Living Area: 63,414
Replacement Cost: $5,743,372
Building Percent Good: 88
Replacement Cost
Less Depreciation:
$5,054,200
Building Attributes
FieldDescription
Style:Supermarket
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Stucco/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Terrazzo Epoxy
Interior Floor 2Concr-Finished
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSupermarket
Total Rooms 
Total Bedrms 
Total Baths4
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 61,974 61,974
FUSUpper Story, Finished 1,440 1,440
CTHCathedral 546 0
FEPPorch, Enclosed, Finished 546 0
FOPPorch, Open, Finished 897 0
   65,403 63,414

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
LDL1Load Level-Power3.00 UNITS$7,9001
SPR1Sprinklers Wet62868.00 S.F.$96,8001

Land
Land Use
Use Code3240
DescriptionSupermarket  
ZoneI1
NeighborhoodC3
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)483516
Frontage0
Depth0
Total Market Land$746,300
Appraised Value$746,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Aspha  135000.00 S.F.$121,5001
LT102 Lights w Pol  26.00 UNITS$35,0001
LT1Light w Pole  16.00 UNITS$13,6001
CNP1Canopy - A  896.00 S.F.$9,4001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$5,338,400$743,100$6,081,500
2024$3,919,000$735,200$4,654,200
2023$3,779,100$671,200$4,450,300

Assessment
Valuation YearImprovementsLandTotal
2025$5,338,400$743,100$6,081,500
2024$3,919,000$735,200$4,654,200
2023$3,779,100$671,200$4,450,300

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