2991 Sunset Dr | Norwalk, IA 50211
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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
PROPERTY TAXES
| Parcel Number | 63170060010 | Improvements Assessment | $1,132,500 |
| Land Assessment | $572,500 | Total Assessment | $1,705,000 |
PROPERTY TAXES
Parcel Number
63170060010
Land Assessment
$572,500
Improvements Assessment
$1,132,500
Total Assessment
$1,705,000
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