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301 W Bennett Ave 14,368 SF Retail Building Council Bluffs, IA 51503 $4,887,200 ($340.14/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guarantee – Rent is secured by Walgreens Corporate, providing investors with the backing of a nationally recognized, creditworthy tenant and
- Rare Rental Increases – Unlike most Walgreens and CVS leases, which often feature flat rent, this agreement includes 5% increases every five years. Th
- Newly Developed Menards – Directly adjacent to the Walgreens is a ±43-AC Menards Superstore, completed in 2023. This major retail anchor generates sig
- Absolute NNN Lease – The property is structured as an absolute triple-net lease with zero landlord responsibilities. This makes it an ideal option for
- Excellent Visibility & Traffic Counts – Positioned on the hard corner of Madison Ave and Bennett Ave, the property offers excellent visibility and acc
- Strong Retail Corridor – The property benefits from a thriving retail environment, with nearby tenants including Menards, Chase Bank, Hy-Vee, Starbuck
EXECUTIVE SUMMARY
Adam Marek
License # F03991000 (IA)
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154
(866) 889-0550
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7443-06-207-001 | Improvements Assessment | $1,852,300 |
| Land Assessment | $611,800 | Total Assessment | $2,464,100 |
PROPERTY TAXES
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301 W Bennett Ave
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