3481 4th St SW | Mason City, IA 50401
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This Retail Property is no longer advertised on LoopNet.com.
3481 4th St SW
Mason City, IA 50401
DAIRY QUEEN GRILL & CHILL - MASON CITY · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Brand New 15-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years & In Options!
- Successfully Open & Operating for Decades with an Attractive 8.00% Rent to Sales Ratio! Tenant Spent Over $75,000 in 2012!
- The State of Iowa’s Unemployment Rate at 3.5% - National Unemployment Rate at 6.2%
- Fourteen Foods, LLC is a Multi-Unit Owner & Operator of Over 230 DQ Grill & Chill Restaurants & Dairy Queen Braziers in 13 States!
- Great Drive-By Visibility on 4th St SW, with Traffic Counts Exceeding 40,901 CPD!
- 2020 DEMOGRAPHICS (5-MI): Total Population: 27,286 | Average Household Income: $74,093
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Freestanding
- General Retail Fast Food
- General Retail Restaurant
- FlexLight Distribution
Building Size
2,684 SF
Building Class
C
Year Built/Renovated
1996/2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.85 AC
Zoning
C-2
Parking
46 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
141’ on 4th St SW
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
- Monument Signage
- Air Conditioning
LINKS
PROPERTY TAXES
| Parcel Number | 07-07-326-00-700 | Improvements Assessment | $463,800 |
| Land Assessment | $442,900 | Total Assessment | $906,700 |
PROPERTY TAXES
Parcel Number
07-07-326-00-700
Land Assessment
$442,900
Improvements Assessment
$463,800
Total Assessment
$906,700
Listing ID: 22723231
Date on Market: 4/13/2021
Last Updated:
Address: 3481 4th St SW, Mason City, IA 50401
The Retail Property at 3481 4th St SW, Mason City, IA 50401 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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