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117 N Main Ave
Britt, IA 50423

Retail Property For Sale

Retail Buildings Iowa Britt 117 N Main Ave, Britt, IA 50423

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
7,500 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.51
Lot Size
0.34 AC
Zoning
C - Commercial
Parking
22 Spaces (2.93 Spaces per 1,000 SF Leased)
Frontage
130 FT on Main Avenue North

Amenities

  • Signage
  • Air Conditioning

About 117 N Main Ave , Britt, IA 50423

Marcus and Millichap is pleased to present Dollar General in Britt, Iowa. Located along Main Avenue, Dollar General is the beneficiary of traffic from Britt' s main north-south retail corridor. Britt is located along US Highway 18, the major thoroughfare in northern Iowa. The city has a population of approximately 2,000 residents, and sits only 30 miles from Mason City, a regional commercial hub for northern Iowa. The property is being offered at an attractive cap rate of 8.85% The tenant has a very low rent per square foot of $2.94. Dollar General currently has 6 years remaining on their lease, with one renewal option. Dollar General has operated in this location since 1999 and continues to be well supported by the community.

PROPERTY TAXES

Parcel Number 2202120210 Improvements Assessment $183,020
Land Assessment $23,850 Total Assessment $206,870

PROPERTY TAXES

Parcel Number
2202120210
Land Assessment
$23,850
Improvements Assessment
$183,020
Total Assessment
$206,870
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  • Listing ID: 6281324

  • Date on Market: 3/15/2017

  • Last Updated:

  • Address: 117 N Main Ave, Britt, IA 50423

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