3481 4th St SW | Mason City, IA 50401
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- LoopNet Team
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
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
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
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