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707 Highway 14
Greene, IA 50636
Dollar General Greene Iowa · Retail Property For Sale
Investment Highlights
- 13 Years Remaining on absolute NNN lease with zero landlord responsibilities
- Located in Greene, IA (population 1,100), a stable agricultural community only 45 minutes from Cedar Falls/Waterloo metro area
- Only Dollar Store within 15 miles
- (5) five year options to renew, 9% rental increases at each option
- Building is 2 years old and in excellent condition
- Excellent visibility, signage, and access located on US Highway 14
Property Facts
Property Type
Retail
Building Size
9,100 SF
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.78 AC
Zoning
Commercial
Parking
30 Spaces (3.3 Spaces per 1,000 SF Leased)
About 707 HIGHWAY 14 , GREENE, IA 50636
Heritage Commercial Real Estate is pleased to present the opportunity to acquire an absolute NNN Dollar General in Greene, IA. This property was built in late 2017 and is in excellent condition. 13 years remaining on initial lease term with (5) five year options to renew. Base NNN rent has increases of approximately 9% per renewal term.
Property Taxes
| Parcel Number | 0211227007 | Improvements Assessment | $776,770 |
| Land Assessment | $69,500 | Total Assessment | $846,270 |
Property Taxes
Parcel Number
0211227007
Land Assessment
$69,500
Improvements Assessment
$776,770
Total Assessment
$846,270
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