410 E High St - Retail FOR SALE


Rockwell City, IA 50579
$694,000 USD
515-975-1112
410 E High St, Rockwell City, IA for Sale
$694,000 USD
Retail - FOR SALE
1/2
null | 7% Cap Rate

410 E High St
Rockwell City, IA 50579


OVERVIEW

The subject property consists of 9,014 SF freestanding building on 1.09 acres on the east side of Rockwell City, Iowa. The property is located on High Street/240th Street, just south of Highway 20, one of central Iowa‘s main eastwest highways. Dollar General has occupied this location since 2004 when the building was constructed. The property is secured with a recently renewed NN+ lease, which includes percentage rent and minimal landlord responsibilities. Tenant reimburses Landlord for property taxes and parking lot maintenance. Dollar General is the nation‘s leading small community discount store, having posted $38.7B in annual sales in 2023.

FOR SALE DETAILS

PRICE

$694,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.86 AC

LAND SF

168,142 SF

ZONING

-

APN/PARCEL ID

883230380011

ASK ABOUT THIS PROPERTY

515-975-1112

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515-975-1112

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