320 71 Highway, Arnolds Park, IA 51331

Arnolds Park, IA Homes for Sale in 51331 and Real Estate MLS # 220746

$679,900

  • N/A
  • N/A
  • N/A
  • Expired
Expired

General Description

6.2 CAP! Newly constructed 320 HWY 71 S is a contemporary retail/restaruant building that features a drive-thru with 26 interior seating with a garage door leading to an outdoor patio. Home of the Iowa Great Lakes, the property is conveniently located on HWY 71. The ideal location offers high car counts, and is directly across from Arnolds Park Amusement Park! Giliberto's Mexican Taco Shop, a 12 Store Operator, signed. • 6.2 CAP NNN! New 5-Year Lease with 5-Year option with 10% escalation. 12 Store Operator and rapidly growing in SD, MN, IA & UT. • Full NNN Triple net lease and zero landlord responsibilities. • Positioned on a Large 1.10 Acre Parcel. • Gross Income @ $63,000. Land Lease at $19,800 Annually or $1,650 per month. • The property is in close proximity to Iowa Great Lakes and Across from Arnolds Park Amusement Park. • Okoboji Area is moderately populated during peak season estimating 100,000 at the local market during Spring-Fall.

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
Status: Expired

Property Information

220746

$679,900

Sale

Commercial

COMMERCIAL

320 S 71 Highway

Arnolds Park

IA

51331

15050.22

2020

2019

Utilities

No

LISTED BY

Integrity Real Estate, Nick Steffes

PROPERTY LOCATION

MORTGAGE CALCULATOR

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RE/MAX Lakes Realty - Licensed in Iowa and Minnesota. Each Office Independently Owned and Operated

RE/MAX Lakes Realty

Licensed in Iowa and Minnesota. Each Office Independently Owned and Operated

Ask About this Property #220746

MARKET WATCH

Open House(8)
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New Listing(37)
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Price Decreased(79)

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