503 W Fountain St - Convenience Store FOR SALE
Brighton, IA 52540 |
$900,606 USD
415-307-9010
503 W Fountain St
Brighton, IA 52540
HIGHLIGHTS
- Corporate True NNN lease with 7.5 years remaining on the primary lease term
- 10% rent increases during each option period
- Lease guaranteed by Dollar General Corporation (NYSE: DG), #108 on the Fortune 500 list of companies ( S&P: BBB)
- Dollar General generated $40.6 billion in FY 2024 sales, a 4.9% increase from the previous year
- Dollar General currently operates 20,500+ stores in 47 states, making it the country’s largest small-box discount retailer
FOR SALE DETAILS
PRICE
$900,606 USD
PRICE/SF
$99 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.29 AC
LAND SF
56,305 SF
ZONING
-
APN/PARCEL ID
14-30-351-008
ASK ABOUT THIS PROPERTY
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415-307-9010
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415-307-9010
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