119 Madison Ave | Donnellson, IA 52625
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119 Madison Ave
Donnellson, IA 52625
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This property is located at the hard corner of IA-27 and Madison Avenue, ± 13 miles west of Fort Madison and ± 55 miles north of Quincy, IL.
- Minimal competition as the closest national Dollar Store chain is over 10 miles from the subject property.
- Absolute NNN lease structure provides zero management responsibility, providing an investor with long-term passive income.
- Close proximity to Lee County Speedway, Westview Park, and Green Acres Golf Course, the main tourist attractions in Donnellson, IA.
- Attractive 8.25% return on a stabilized investment grade credit tenant.
PROPERTY FACTS
Property Type
Retail
Building Size
9,026 SF
Building Class
C
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.21 AC
Parking
14 Spaces (1.55 Spaces per 1,000 SF Leased)
Frontage
331’ on Orchard Street
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 01-33-07-33-376-0030 | Improvements Assessment | $579,210 |
| Land Assessment | $88,000 | Total Assessment | $667,210 |
PROPERTY TAXES
Parcel Number
01-33-07-33-376-0030
Land Assessment
$88,000
Improvements Assessment
$579,210
Total Assessment
$667,210
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