1212 24th St - Freestanding FOR SALE
Eldora, IA 50627 |
$651,724 USD
515-314-1715
1212 24th St
Eldora, IA 50627
HIGHLIGHTS
- Recent parking lot and exterior lighting improvements
- (2) 5-year extension options remaining at 10% increases
- Part of National Insurance Program (Tenant pays insurance directly)
- Dollar General responsible for minor repairs less than $500 per occurrence
- Dollar General reimburses in full for taxes
- Dollar General pays additional percentage rent at this location
OVERVIEW
The subject property is a freestanding 9,014 SF building in Grundy Center, Iowa. The property is ideally situated along Hwy-175 on the western edge of town. Dollar General has occupied the space since it was built in 2004. The store recently extended its lease for an additional 6 years, thus showing a strong commitment to the location.
FOR SALE DETAILS
PRICE
$651,724 USD
PRICE/SF
$72 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.99 AC
LAND SF
43,124 SF
ZONING
Commercial
APN/PARCEL ID
8719-07-153-007
ASK ABOUT THIS PROPERTY
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515-314-1715
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Please correct the highlighted field(s).
515-314-1715
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
