700 Hulin St
Charles City, IA 50616
Retail Property For Sale
Property Facts
About 700 HULIN ST , CHARLES CITY, IA 50616
Dollar General currently leases 8,816 SF and the remaining first floor space is approximately 7,020 square feet, leased to Masterson Staffing Solutions including the Anadditional 2,160 SF of basement space. Dollar General's initial lease was signed in 1998 and has been just extended early through 9/30/2025. Dollar General has two (2) additional five (5) year options remaining, both with significant rental increases. The structure of the lease for Dollar General is triple net leaving landlord with only minor liabilities. Tenant is responsible for the pro-rata share of real estate taxes, insurance, repairs/maintenance less than $1,300 per occurrence and utilities. Landlord is responsible for all paved areas,interior and exterior utilities lines and pipes, roof, foundation and repairs over $1,300 per occurrence. Masterson Staffing Solutions reimburses for real estate taxes and insurance.
Property Taxes
| Parcel Number | 11-01-479-001-00 | Improvements Assessment | $328,890 |
| Land Assessment | $52,800 | Total Assessment | $381,690 |
Property Taxes
