151 Iowa Highway 21 - Retail FOR SALE
Dysart, IA 52224 |
$1,186,000 USD
614-595-1674
151 Iowa Highway 21
Dysart, IA 52224
HIGHLIGHTS
- SINGLE TENANT DOLLAR GENERAL LOCATION: 9,100-SF on a large 2.00 acre lot with 25 parking spaces.
- TRIPLE NET LEASE: 2022 construction with over 10 years remaining on the original NNN lease. No landlord responsibilities.
- RENTAL INCREASES IN EACH OPTION: 10% rental increases in each of four, 5-year renewal options.
- CORPORATE GUARANTEE: Lease is guaranteed by Dollar General, with over 20,000 locations across 48 states
- FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.
- HIGH VISIBILITY LOCATION: Property features Lighted pylon sign and easy access from both traffic directions. Adjacent to Casey’s gas station
FOR SALE DETAILS
PRICE
$1,186,000 USD
PRICE/SF
$130 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2 AC
LAND SF
87,185 SF
ZONING
-
APN/PARCEL ID
08.13.426.015
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614-595-1674
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614-595-1674
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