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Browse More Listings in Retail For Sale, Williamsburg, IA or Iowa

Retail Property For Sale

Dollar General

416 N. Highland St., Williamsburg, IA 52361

Price:
$379,000
Building Size:
14,000 SF
Price/SF:
$27.07
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Additional Sub-types:
Congregate Senior Housing
Community Center
Specialty Center
Property Use Type:
Net Lease Investment with 10+ years left on lease
Commission Split:
2.5%
Cap Rate:
8.80%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
2004
Lot Size:
1 AC
Find Out More...

Last Verified 10/6/2009 Listing ID 14936212

Highlights

A+ Tenant
13+ years left on lease

Armchair Investment

Description

Freestanding Fortune 500 Retailer; 5 years left on primary lease but first 5-year option being automatically renewed due to high sales so there are 10.5 years left! Cap rate goes to 9.77% in October 2009. Owner wants to sell.

Southwest of Cedar Rapids, just south of I-80

Financial Summary

Actual
Year
2007
Scheduled Gross Income
$36,000
Net Operating Income
$36,000

Map of 416 N. Highland St., Williamsburg, IA 52361 (Iowa County)

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Presented by

LOFCHIE & ASSOCIATES, INC.

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Contact Listing Broker

Judd Lofchie (630) 236-3600 Ext: 3

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Created 12/29/2006

Additional Information for 416 N Highland Street, Williamsburg, IA 52361

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 416 N. Highland St., Williamsburg, IA 52361

Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

Restaurant
Sold 3Q 2009

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Dollar General

416 N. Highland St., Williamsburg, IA, 52361