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- LoopNet Team
2117 4th St SW
Mason City, IA 50401
Pizza Hut · Retail Property For Sale
Investment Highlights
- New 20 year lease with 10% increases every 5 years.
- Large oversized land parcel of approximately .66 acres with plentiful parking available.
- Excellent demographics with a 5-mile population of 28,948 and an average household income over $65,000.
- Located in the heart of Mason City retail trade area with excellent visibility on Highway 18.
- Traffic counts exceeding 26,000 cars per day on Highway 18 with favorable traffic patterns.
PROPERTY FACTS
About 2117 4th St SW , Mason City, IA 50401
This Pizza Hut property is located on 4th street SW just one block from Highway 18 with traffic counts over 26,000 vehicles per day in Mason City, Iowa. Nearby retailers include Hobby Lobby, Hy-Vee, Arby’s, Days Inn, Burger King, Perkins Restaurant and Bakery, Jimmy John's, Tractor Supply, McDonald’s, Applebee’s, Walgreens and many more. Less than a mile away in the Southbridge Mall, which is a Regional Retail Center in North Iowa with national retailers such as Bath & Body, Claire's, GNC, Victoria Secret and many more. By the end of 2019, a new multi-purpose arena is set to open up. This arena would include a hotel with a skyway to Music Man Square to follow. This total project is a 38 million dollar River City Project. Located less than a mile away is the MercyOne North Iowa Medical Clinic, which is the largest health care system in Iowa.
PROPERTY TAXES
| Parcel Number | 07-08-329-00-200 | Improvements Assessment | $359,420 |
| Land Assessment | $225,500 | Total Assessment | $584,920 |
PROPERTY TAXES
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