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Dollar General, Stanwood, IA 107 Lincoln Hwy 9,100 SF Retail Building Stanwood, IA 52337 $1,439,334 ($158.17/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Constructed in 2020 offering modern amenities to customers
- Average Annual HH Income exceeds $83K within a 5 Mile Radius
- NNN Lease/Zero Landlord Responsibilities
- Over 5,000 Vehicles Per Day on US 30
EXECUTIVE SUMMARY
Introducing a compelling investment opportunity in Stanwood, IA. This impressive 9,100 SF Dollar General, constructed in 2020, presents a promising prospect for discerning investors. Dollar General holds a credit rating of 'BBB-' which is investment grade. Dollar General operates nearly 20,000 stores nationwide. With a desirable location, this free-standing Dollar General offers stability and potential for growth. The modern construction offers modern amenities to customers, while the spacious layout provides flexibility for various retail uses. Don't miss your chance to capitalize on this high performing asset in a thriving area. With a strong tenant in a prime location, this investment opportunity is not to be overlooked.
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,100 SF
Building Class
C
Year Built
2020
Price
$1,439,334
Price Per SF
$158.17
Cap Rate
6%
NOI
$86,360
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.52 AC
Zoning
C-1 - Commercial
Parking
25 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
287’ on South Ash Street
PROPERTY TAXES
| Parcel Number | 046002262000080 | Improvements Assessment | $1,062,540 |
| Land Assessment | $50,400 | Total Assessment | $1,112,940 |
PROPERTY TAXES
Parcel Number
046002262000080
Land Assessment
$50,400
Improvements Assessment
$1,062,540
Total Assessment
$1,112,940
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Dollar General, Stanwood, IA | 107 Lincoln Hwy
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