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200 E South St
Mount Ayr, IA 50854

$612,828 USD

Freestanding For Sale  •  7,200 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,200 SF
  • Lot Size 0.76 AC
  • Building Class B
  • Year Built 2002
  • Cap Rate 7.25 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
50 Walk Score

Highlights

Roof sealing (2024) & recent parking lot improvements
(2) 5-year extension options remaining at 10% increases
Part of National Insurance Program (Tenant pays insurance directly)
Dollar General responsible for minor repairs less than $1000 per occurrence

Property Flyers

Cap Rate: 7.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General
David Eckley 515-314-1715 CBRE
David Eckley 515-314-1715 CBRE