Freestanding Building in Grundy
For Sale
$590,625
1212 24th Street, Eldora, IA 50627
Freestanding 9,014 SF building occupied by Dollar General.
Property Size8,320 SF
Lot Size0.19 Acres
Price / SF$70.99
Days on Market152
Property Features for 1212 24th Street
General Information
Standard status
Active
Size
8,320 SF
Lot size
0.19 Acres
Property subtype
Retail
Listing Agency:
CBRE - Des Moines
(515) 314-1715
Listed By:
David Eckley · License #S65549000
(515) 314-1715
Source:
Cbre
Added: Mar 25
Changed: Aug 15
Last Checked: Aug 22 at 11:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Des Moines
Investment Insights
Based on property information with market context.
The subject property is a freestanding 9,014 SF building in Grundy Center, Iowa. Dollar General has occupied the space since it was built in 2004. The store recently extended its lease for an additional 6 years, thus showing a strong commitment to the location. The property is ideally situated along Hwy-175 on the western edge of town. Recent parking lot and exterior lighting improvements have been completed. There are (2) 5-year extension options remaining at 10% increases. The tenant is part of a National Insurance Program and pays insurance directly. Dollar General is responsible for minor repairs less than $500 per occurrence. Dollar General reimburses in full for taxes and pays additional percentage rent at this location. The property size is 8,320 square feet.
Key Highlights
- Dollar General recently extended its lease for an additional 6 years, demonstrating a strong commitment to the location.
- Dollar General pays additional percentage rent at this location.
- Dollar General reimburses in full for taxes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
11k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 81%
Dining 19%
Eldora #2
Shops & Services
4,456 visits/mo
0.1 miles
Dollar General
Shops & Services
4,170 visits/mo
0.1 miles
SUBWAY
Dining
2,015 visits/mo
0.1 miles
Demographics for 50627, IA
3,367
Population
1,598
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
105.5 sq mi
ZIP Area
32
Density / Sq Mi
$71,357
Median Household Income
$41,635
Median Earnings
$730
Median Rent
$122,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Hy-Vee Grocery Store — 1616 Edgington Ave, Eldora, IA 50627
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Freestanding 9,014 SF building occupied by Dollar General.
Where is this grocery and convenience store located?
The property is located at 1212 24th Street Eldora, IA.
What is the asking price?
The asking price for this property is $590,625.
What are key features of this property?
This property features: Dollar General recently extended its lease for an additional 6 years, demonstrating a strong commitment to the location.; Dollar General pays additional percentage rent at this location.; Dollar General reimburses in full for taxes.
