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1102 Chatburn Ave
Harlan, IA 51537

$925,000 USD

Freestanding For Sale  •  9,016 SF

Property Details

• Property Type Freestanding
• Total Building Size 9,016 SF
• Lot Size 0.92 AC
• Year Built 2005
• Cap Rate 7.94 %
• Tenancy Single
• Zoning Commercial

0 Transit Score

44 Walk Score

Highlights

Tenant for more than 15 Years

Two, Five Year Options with 12% increases in each

Landlord responsibilities are limited to roof, structure, & parking lot

Top 5% Performing Dollar General in Iowa (Placer AI) Top 11% Nationally

Landlord receives $563.38 monthly as contribution toward common area maintenance

Dollar General responsible for repairs less than $1,000 per occurrence

Property Flyers

RIPCO_DG - Harlan IA_OM-2024

Cap Rate:

7.94 %