For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

1212 24Th St Eldora, IA 50627

View on Map
Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

High-Yield Convenience Store, Iowa

Property size:
8,320 SF

Property Features for 1212 24Th St

General Information

Property type
Retail space
Square Feet
8,320 SF

We can help!

Listing Contact
David Eckley
David Eckley

Listing Agency: CBRE Listing Agent: David Eckley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

This Eldora, IA retail property, located at 1212 24th Street, offers a compelling investment opportunity. The 8,320 square foot freestanding building is currently leased to Dollar General under a Net Net (NN) lease expiring September 30, 2030, with two 5-year renewal options at 10% rent increases. The tenant, Dolgencorp, LLC, has demonstrated strong commitment with a recent lease extension. The property boasts a strong net operating income (NOI) of $47,250, resulting in a 7.00% capitalization rate. Recent improvements include parking lot and exterior lighting upgrades. The lease includes a national insurance program where the tenant pays insurance directly, and Dollar General is responsible for minor repairs (under $500) and fully reimburses property taxes. Additionally, Dollar General pays additional percentage rent at this location. The property is situated in Hardin County, Iowa, zip code 50627, and is easily accessible. This is a rare opportunity to acquire a stable, high-yielding retail investment in a desirable location. The asking price is $675,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dollar General Discount Store Western Union Bank FedEx OnSite Postal Service

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Eldora
County
Hardin
State
Iowa
Longitude
-93.1147628
Latitude
42.3609288

FAQs

What type of property is this?
Retail space - High-Yield Convenience Store, Iowa
Where is this retail space located?
The property is located at 1212 24Th St Eldora, IA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Recently renovated parking lot and exterior lighting.; Two, five-year lease extension options with 10% rent increases each.; Tenant (Dollar General) responsible for their own insurance.
(515) 314-1715 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message