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1103 8th St SE
Orange City, IA 51041
Dollar General · Retail Property For Sale
Property Facts
About 1103 8TH ST SE , ORANGE CITY, IA 51041
Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located at 1103 8th St SE in Orange City, Iowa. The site was built to suit for Dollar General in 2005 and consists of 9,014 rentable square feet. This investment is being offered at $686,250, which represents a 8.00 percent capitalization rate. Dollar General has recently executed an early extension leaving eight years remaining on a double net lease, which allows for minimal landlord responsibilities. Additionally there are four, five-year renewal options with rental increases in each. The immediate area has experienced tremendous population growth of 35% within a 1 mile radius, and 11% population growth in both the 3 and 5 mile radius. The site is conveniently located near several neighborhoods, Northwestern College, Orange County Municipal Airport and benefits from minimal area competition. Iowa BOR: Barry A'Hearn License: B55614000
Property Taxes
| Parcel Number | 17-33-453-027 | Improvements Assessment | $761,080 |
| Land Assessment | $164,000 | Total Assessment | $925,080 |
Property Taxes
