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Dollar General Center

♦ 100% Occupied Downtown Retail Center
♦ Dollar General has operated at this location since 1998
♦ Public Parking Lot next to the property – Lessens the Owners expense obligations
♦ Dollar General has extended their lease multiple times

THE OFFERING
Marcus & Millichap, in conjunction with RealINSIGHT Marketplace, is pleased to present the opportunity to acquire Dollar General Center, a 15,836 square feet retail center that is currently 100% occupied. Dollar General leases 8,816 SF and the remaining first floor space is approximately 7,020 square feet, leased to Masterson Staffing Solutions including an additional 2,160 SF of basement space. Dollar General's initial lease was signed in 1998 and has been just extended early through 9/30/2025. They are on a triple-net lease with two-five year options remaining. Masterson Staffing Solutions is currently leased through 8/31/2019 on a double-net lease with no options.

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Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Dollar General Center

700 Hulin Street, Charles City, IA 50616

Asset Snapshot

  • Asset Type
  • Real Estate
  • Land Area
  • 0.40 Acres
  • Year Built
  • 1959
  • Number of Floors
  • 1
  • Number of Buildings
  • 1
  • Occupancy
  • 100.00%
  • Occupancy as of
  • Mar 01, 2019
  • Retail Type
  • NA
  • Anchor
  • No
  • Property Size
  • 15,836 Sq Ft
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. Lamar P. Fisher

      Fisher Auction Company Inc.

      License: #Internet Auctions Exempt from Licensing, Lamar P. Fisher