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
Legal: N'LY PT OF LOT 4 EAST OF HWY & S 63.5' OF LOT 3 AUD PLAT GOV'T LOT 4 30-99-36
251107
$649,900
320 Hwy 71
Arnolds Park
IA
Sale
COMMERCIAL
Mixed Use
38
2019
51331
Integrity Real Estate, Nick Steffes (712.339.0293)
#250524 MLS 6 Beds 5 Baths 3,778 Sq.Ft
Listed by : HINN REAL ESTATE, ROB HINN (712.330.1910) & HINN REAL ESTATE, ANGELA BOUSQUET-HINN (712.348.3515)#250532 MLS 3 Beds 3 Baths 3,214 Sq.Ft
Listed by : HINN REAL ESTATE, KEITH DIEKEVERS (712.320.5020)#250872 MLS 3 Beds 2 Baths 1,393 Sq.Ft
Listed by : HINN REAL ESTATE, ROB HINN (712.330.1910) & HINN REAL ESTATE, ANGELA BOUSQUET-HINN (712.348.3515)#251258 MLS 3 Beds 3 Baths 2,084 Sq.Ft
Listed by : RE/MAX LAKES REALTY, WILL KRETSINGER (712.301.4040)#250755 MLS 3 Beds 4 Baths 1,989 Sq.Ft
Listed by : INGVALL REAL ESTATE TEAM, MARY LYNN INGVALL (712.330.1121) & INGVALL REAL ESTATE TEAM, JON INGVALL (712.330.2933)#250762 MLS 3 Beds 4 Baths 1,989 Sq.Ft
Listed by : INGVALL REAL ESTATE TEAM, MARY LYNN INGVALL (712.330.1121) & INGVALL REAL ESTATE TEAM, JON INGVALL (712.330.2933)