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410 E High St

9,014 SF Retail Building Rockwell City, IA 50579 $1,040,990 CAD ($115 CAD/SF) 6.62% Cap Rate

Retail Space Iowa Rockwell City 410 E High St, Rockwell City, IA 50579

Investment Highlights

  • Tenant fully reimburses real estate taxes and insurance
  • 2.5% percentage rent above retail sales of $1.53M (2nd Option Period)
  • Tenant reimburses parking lot maintenance up to $3,516/yr (2nd Option Period)

Attachments

Dollar General 410 East High Street, Rockwell City

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
9,014 SF
Building Class
C
Year Built
2004
Price
$1,040,990 CAD
Price Per SF
$115 CAD
Cap Rate
6.62%
NOI
$68,914 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
3.86 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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PROPERTY TAXES

Parcel Number 883230380011 Improvements Assessment $1,008,794 CAD
Land Assessment $58,189 CAD Total Assessment $1,066,983 CAD

PROPERTY TAXES

Parcel Number
883230380011
Land Assessment
$58,189 CAD
Improvements Assessment
$1,008,794 CAD
Total Assessment
$1,066,983 CAD
(515) 975-1112

Contact

  • Listing ID: 28040800

  • Date on Market: 2023-03-22

  • Last Updated:

  • Address: 410 E High St, Rockwell City, IA 50579

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410 E High St
(515) 975-1112 x

410 E High St

Michael Smith

(515) 975-1112

(515) 975-1112

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