100 Southern Prairie Dr - Freestanding FOR SALE
Madrid, IA 50156 |
$959,325 USD
818-618-4522
100 Southern Prairie Dr
Madrid, IA 50156
HIGHLIGHTS
- Dollar General recently exercised a five-year lease extension, demonstrating a strong commitment to this location
- Attractive 8% return on a stabilized investment-grade credit tenant
- Minimal competition — the nearest national dollar-store competitor is 12+ miles away.
- Dollar General boasts an investment-grade credit rating of BBB (S&P)
- Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future
- Dollar General has a market cap of ±$23 billion.
FOR SALE DETAILS
PRICE
$959,325 USD
PRICE/SF
$106 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2011
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
INC
APN/PARCEL ID
088226364186105
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818-618-4522
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818-618-4522
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