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2441 Northgate St
Ottumwa, IA 52501
MCDONALD'S (LAND ONLY) - OTTUMWA, IA · Retail Property For Sale
Investment Highlights
- 5 years remaining on Absolute NNN GROUND lease with three 5-year renewal options remaining
- Successfully open & operating since 1984 - remodeled (interior/exterior) in 2021
- 2023 DEMOGRAPHICS: Total Population (5-MI): 28,047 | Average Household Income (1-MI): $118,771
- McDonald’s Corporation (NYSE: MCD | S&P BBB+ Credit Rating | Moody’s Baa1 Rating) is an American multinational fast food chain with 41,822 locations
- Positioned on a large ±1.23 acres (53,579 SF - est.) parcel with great visibility on Bus 63/IA 149 - traffic counts: 13,976 CPD!
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,740 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.17 AC
Zoning
C
Frontage
142’ on Northgate Street
Amenities
- Restaurant
- Signage
Property Taxes
| Parcel Number | 007414310106000 | Improvements Assessment | $0 |
| Land Assessment | $136,500 | Total Assessment | $136,500 |
Property Taxes
Parcel Number
007414310106000
Land Assessment
$136,500
Improvements Assessment
$0
Total Assessment
$136,500
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