106 N Locust Street, Jefferson, IA 50169

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THB ฿16,347,715
USD $475,000
Published on: 24 Nov 2024
Last updated on: 24 Nov 2024
106 N Locust Street, Jefferson, IA 50169
106 N Locust Street, Jefferson, IA 50169
106 N Locust Street, Jefferson, IA 50169
+11
106 N Locust Street, Jefferson, IA 50169
  • 11
Property ID: 110095930897
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Commercial Sale - Jefferson, IA

106 N Locust Street, Jefferson, IA 50169
Dollar General has been in place since November of 2001.  Current lease runs through 10/31/2028 with (1) additional 5-year renewal through 10/31/2033.  Landlord is responsible for all structural building components and HVAC replacement.  Dollar General reimburses for real estate taxes, property insurance, parking lot maintenance and snow removal.  Dollar General is also responsible glass, interior maintenance and upkeep as well as minor repairs and maintenance to HVAC.  NOI is $37,100 resulting in a 7.81% cap rate.  See documents for lease terms.Property is a high quality free-standing concrete block commercial building leased to Dollar General.  Eave height is 17'.  Roof is pre-engineered steel frame with a metal cover and rubber seal.  Property is 100% sprinkled and 100% climate controlled with rooftop HVAC unit. Electrical service is ample with 1,200 Amp 3-Phase Service. There is a loading dock with 8' x 8' dock door and 528 SF truck well.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
2,549.52 m2
Year Built
1984
Architecture Style
Other
County
Greene
Parcel ID
1108194006
Provider
Des Moines Area Association of REALTORS®, Inc.
Brokerage Office Name
Platinum Realty
Brokerage Office Phone
(888) 220-0988
Neighbourhoods
Jefferson
Address
106 N Locust Street, Jefferson, IA 50169

Tax History

YearTax amount
2023USD $7914THB ฿272,370*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Kyle Pedersen
Platinum Realty LLC
6150 Village View Dr, Ste. 103, West Des Moines, IA 50266
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Kyle Pedersen
6150 Village View Dr, Ste. 103, West Des Moines, IA 50266
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      Property ID: 110095930897

      Data provided by Des Moines Area Association of REALTORS®, Inc., MLS #: 708224
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