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104 Smith St
Bloomfield, IA 52537

Dollar General · Retail Property For Sale

Retail Buildings Iowa Bloomfield 104 Smith St, Bloomfield, IA 52537

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.36 AC
Zoning
Commercial
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
270 FT on Smith st

Amenities

  • Signage

About 104 Smith St , Bloomfield, IA 52537

Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located at 104 Smith St in Bloomfield, Iowa. The site was built to suit for Dollar General in 2005 and consists of 9,014 rentable square feet. This investment is being offered at $610,000, which represents a 8.26 percent capitalization rate. Dollar General has over 6 years remaining on a double net lease after an early lease extension, which allows for minimal landlord responsibilities. Additionally there are four, five-year renewal options with favorable rental increases in each. Each option includes a favorable step up in CAM reimbursements. Dollar General is well positioned next to the Davis County Law Enforcement Center, Pizza Hut, and Davis County Tire. The store benefits from direct frontage on State Road 2 & Smith St, which serves as the main street through town.

PROPERTY TAXES

Parcel Number 001001652 Improvements Assessment $611,880
Land Assessment $89,060 Total Assessment $700,940

PROPERTY TAXES

Parcel Number
001001652
Land Assessment
$89,060
Improvements Assessment
$611,880
Total Assessment
$700,940
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  • Listing ID: 16627023

  • Date on Market: 7/16/2019

  • Last Updated:

  • Address: 104 Smith St, Bloomfield, IA 52537

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