Freestanding Building in Grundy
For Sale
Contact for pricing
Pending
1212 24th Street, Eldora, IA 50627
Freestanding 9,014 SF building occupied by Dollar General.
Property Size9,014 SF
Days on Market167
Property Features for 1212 24th Street
General Information
Standard status
Pending
Size
9,014 SF
Property subtype
Retail
Listing Agency:
InCommercial Inc
Listed By:
Sam Derse
Source:
Crexi
Added: Mar 26
Changed: Sep 8
Last Checked: Sep 6 at 10:46PM
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 InCommercial Inc
Investment Insights
Based on property information with market context.
The subject property is a freestanding 9,014 SF building in Grundy Center, Iowa. The property is ideally situated along Hwy-175 on the western edge of town. 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 lease is a NN type and expires on 9/30/2030. The tenant is Dolgencorp, LLC and the guarantor is corporate.
Key Highlights
- Long‑term lease in place with Dolgencorp, LLC (Dollar General) expiring 9/30/2030, providing stable income.
- Corporate lease guarantee.
- Attractive 7.25% Cap Rate.
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 are key features of this property?
This property features: Long‑term lease in place with Dolgencorp, LLC (Dollar General) expiring 9/30/2030, providing stable income.; Corporate lease guarantee.; Attractive 7.25% Cap Rate.
