MLS#251107
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Long term lessee renewed 5 year extension to over 6.5 years with 10% increase! Newly constructed modern retail/restaurant building that features a drive-thru with 26 interior seating with a glass garage door leading to an outdoor patio for additional seating. Home of the Iowa Great Lakes, the property is conveniently located on US-HWY 71. The ideal location offers high car counts & is directly across from Arnolds Park Amusement Park! Potential for Kiosk Bank, DriveThru Pharmacy or Retail. Current tenant Giliberto's Taco Shop, one of 14 locations. 6.7% CAP Rate
Property Features
Property Type: Commercial - Business
Cooling: Central
Fuel Type: Electric
Heating: Forced Air
Lot Size: 1.10 Acres
Roof Type: Flat
Taxes: $15,970
Year Built: 2019
Feature Descriptions
Construction: Frame/Wood
Current Use: Restaurant
Days on Site: 328
Exterior: Smart Board
Flood Zone: Unknown
Lot Dimensions: 47916
Parcel #: 012+07-30-406-005
Parking Features: Driveway-Concrete
Sewer: Public Sewer
Water: Public/City
Listed By / Shown By
Listed By
Agency Name: Integrity Real Estate
Agency Contact: PRIM: 712-339-0293
Agent Name: Nick Steffes
Shown By
Agency Title: United Real Estate Solutions
Agency Phone: 712-226-6000
320 Hwy 71 | MLS# 251107
This commercial property located at 320 Hwy 71, Arnolds Park, IA 51331 is currently listed for sale with an asking price of $649,900. Search Arnolds Park real estate on www.unitedrealestatesolutions.com today.