Property Listing No Longer Available for Sale

600 Highway 18 East, Clear Lake, IA

Retail for Sale - $1,377,984 - 9,371 Sq. Ft. on 0.76 acres


Property Info

CIMLS#967630
Location
  600 Highway 18 East
  Clear Lake IA 50428
UpdatedOctober 19th, 2017
TypeRetail
Price$1,377,984
Building9,371 Sq. Ft.
Land0.76 acres

Property Description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Net Leased Dollar General in the city of Clear Lake, Iowa. Dollar General signed a 15-Year Absolute NNN Lease which has over 13 Years remaining on the primary term.

The Subject Property is located along the busy HWY 18 (13,000+ VPD) surrounded by a great mix of regional tenants and numerous residences. The location is within walking distance of the beautiful lake and has great access to I-35 (19,000+ VPD).

Location Description:

Clear Lake has a population over 7,000 and many people are drawn to the beautiful lake that the city surrounds. Clear Lake is home to Mason City Municipal Airport and is just minutes W of Mason City. Clear Lake sits off I-35 equal distance from Minneapolis and Des Moines.

Broker of Record: Jennifer Stein JD, JDS Real Estate Services, Inc.

Highlights:

>> New Development Dollar General


Financials