2105 S Center St | Marshalltown, IA 50158
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2105 S Center St
Marshalltown, IA 50158
Jiffy Lube · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- List price of $2,300,000 yielding a 5.00% cap rate
- Rent Increases – 10% increases every 5 years provide effective hedge against inflation
- Next to Marshalltown Mall - 400,000 SF Shopping Center featuring national anchor tenants
- Absolute Triple-Net Lease (NNN) – Zero Landlord Responsibilities
- Strong Retail Synergy - Adjacent to Dairy Queen
- Recent move-in from Jiffy Lube Corporate and 15 year lease with 13 years remaining on the primary term
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,260 SF
Building Class
B
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.77 AC
Zoning
CC - Auto Repair
Parking
17 Spaces (13.49 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 8318-11-129-038 | Improvements Assessment | $100,500 |
| Land Assessment | $337,080 | Total Assessment | $437,580 |
PROPERTY TAXES
Parcel Number
8318-11-129-038
Land Assessment
$337,080
Improvements Assessment
$100,500
Total Assessment
$437,580
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