For Sale
$9,500,000

16250 N Ave Holland, IA 50642

High-traffic auto shop, net lease.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a thriving 9,741 square foot auto shop, operating as The Mill Travel Center, situated on an expansive 18-acre lot in Holland, IA. The property boasts a prime location on US-20 (35,000+ vehicles per day) and IA-14 (18,000+ vehicles per day), ensuring high visibility and consistent customer traffic. The single-tenant, net lease structure provides a stable and predictable income stream with 100% occupancy. The Mill Travel Center offers a comprehensive range of services, including fuel (gas and diesel), an ATM, convenience store, deli, document scanning, fast food, gift shop, laundry facilities, ample parking, and more, catering to truckers, travelers, and locals. The property features a well-maintained, paved lot with lighted areas, RV parking, showers, and trailer drop capabilities. Its strategic location near major transportation arteries and numerous other retailers, including The Farm Store, Dollar General, Brother's Market, Target, and The Landmark Bistro, further enhances its appeal. The property's proximity to the bustling Cedar Valley, home to significant distribution centers for John Deere and Target, ensures a continuous flow of truck traffic. This is a turnkey operation with significant growth potential, representing a rare opportunity to acquire a high-performing, established business and real estate asset in a desirable location. The asking price is $9,500,000, with a price per square foot of $975.26. The property is zoned for commercial use and is located at 16250 North Avenue, Holland, IA 50642.

Highlights

  • 9,741 SF auto shop/truck stop on 18 acres in Holland, IA, with easy highway access.
  • Full-service truck stop with fuel, ATM, convenience store, deli, and more, catering to truckers and travelers.
  • Prime location on US-20 (35,000+ VPD) and IA-14 (18,000+ VPD), ensuring high visibility.
  • Strong location near other retailers including Target and Dollar General.
  • Proximity to Cedar Valley, home to major distribution centers for John Deere and Target, providing consistent truck traffic.
  • Holland, IA location near Cedar Rapids and Waterloo.

Property Details for 16250 N Ave

Property type
Retail properties, Auto shops
Square Feet
9,741 SF
Lot Size (sq. ft)
784,080 SF

Location Insight

City
Holland
County
Grundy
State
Iowa
Latitude
42.4657538
Longitude
-92.7672029

FAQs

What type of property is this?
Retail property - High-traffic auto shop, net lease.
Where is the retail property located?
The property is located at 16250 N Ave Holland, IA.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: 9,741 SF auto shop/truck stop on 18 acres in Holland, IA, with easy highway access.; Full-service truck stop with fuel, ATM, convenience store, deli, and more, catering to truckers and travelers.; Prime location on US-20 (35,000+ VPD) and IA-14 (18,000+ VPD), ensuring high visibility.
How can I contact the broker?
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16250 N Ave
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