315 E Highway 30 - Retail FOR SALE
Lisbon, IA 52253 |
$513,333 USD
248-227-0817
315 E Highway 30
Lisbon, IA 52253
HIGHLIGHTS
- Attractive 9% return on a stabilized investment-grade credit
- Dollar General has occupied this store for over 20 years and recently exercised a five-year lease renewal option
- ccording to AlphaMaps, this store is ranked in the 72nd percentile in Iowa, placing it above average
- 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 been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
FOR SALE DETAILS
PRICE
$513,333 USD
PRICE/SF
$63 USD /SF
CAP RATE
8.71%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.04 AC
LAND SF
45,128 SF
ZONING
C-2
APN/PARCEL ID
17132-26041-00000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
248-227-0817
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
248-227-0817
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
