119 Madison Ave - Retail FOR SALE
Donnellson, IA 52625 |
119 Madison Ave
Donnellson, IA 52625
HIGHLIGHTS
- This property is located at the hard corner of IA-27 and Madison Avenue, ± 13 miles west of Fort Madison and ± 55 miles north of Quincy, IL.
- Close proximity to Lee County Speedway, Westview Park, and Green Acres Golf Course, the main tourist attractions in Donnellson, IA.
- Minimal competition as the closest national Dollar Store chain is over 10 miles from the subject property.
- Attractive 8.25% return on a stabilized investment grade credit tenant.
- Absolute NNN lease structure provides zero management responsibility, providing an investor with long-term passive income.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
9026
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
01-33-07-33-376-0030
