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2991 Sunset Dr
Norwalk, IA 50211
Kum N Go Convenient Store · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 100% Bonus Depreciation
  • Corporate Lease with Kum & Go, L.C.
  • 7.5% Rent Increase Every 5 Years During Initial Term
  • Zero Landlord Responsibilities
  • 11+ Years Remaining on Absolute Triple Net Lease
  • Four 5-Year Options to Renew with a 5% Rent Increase per Option

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,700 SF
Building Class
B
Year Built
2004
Building Height
1 Story
Building FAR
0.08
Lot Size
1.30 AC
Zoning
Commercial
Parking
28 Spaces
Frontage
312’ on Beardsley St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
63170060010
Land Assessment
$572,500
Improvements Assessment
$1,132,500
Total Assessment
$1,705,000
  • Listing ID: 25942044

  • Date on Market: 6/15/2022

  • Last Updated:

  • Address: 2991 Sunset Dr, Norwalk, IA 50211

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