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2009 Commerce Dr
Grundy Center, IA 50638

$620,690 USD

General Retail For Sale  •  9,014 SF

Property Details

  • Property Type General Retail
  • Total Building Size 9,014 SF
  • Lot Size 0.83 AC
  • Building Class C
  • Year Built 2004
  • Cap Rate 7.25 %
  • Zoning Commercial
0 Transit Score
31 Walk Score

Highlights

Interior remodel (2024) & recent parking lot repair work
(2) 5-year extension options remaining at $3,000 increases
Part of National Insurance Program (Tenant pays insurance directly)
Dollar General responsible for minor repairs less than $1000 per occurrence
Dollar General reimburses in full for taxes

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