E Bow Dr. & N 2nd St. - Retail FOR SALE


Cherokee, IA 51012
$2,386,000 USD
858-373-3174
E Bow Dr. & N 2nd St., Cherokee, IA for Sale
$2,386,000 USD
Retail - FOR SALE
1/2
null | 6.75% Cap Rate

E Bow Dr. & N 2nd St.
Cherokee, IA 51012


HIGHLIGHTS

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • 5% Rental Increases Every 5 Years Throughout the Base Term and Options
  • Relocation of High-Performing Store, Proven Concept in Trade Area
  • Investment Grade Credit Tenant (Rated ‘BBB’ by S&P), #112 on Fortune 500 in 2025
  • Dollar General is the Nation’s Largest Retailer with 20,450+ Stores
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs

FOR SALE DETAILS

PRICE

$2,386,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Phil SambazisMarcus & MillichapMore Info
858-373-3174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.