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Dollar General, Brooklyn, IA 3973 Co V18 Rd 10,400 SF Retail Building Brooklyn, IA 52211 $1,450,000 ($139.42/SF) 6% Cap Rate
Investment Highlights
- NNN Lease/Zero Landlord Responsibilities
- Average Annual HH Income exceeds $77K within a 1 Mile Radius
- Constructed in 2021
Executive Summary
Introducing a prime investment opportunity in Brooklyn, IA. This impressive 10,400 SF Dollar General, constructed in 2021, presents a compelling prospect for the savvy investor. With a desirable location and strong tenant presence, this free-standing Dollar General offers stability and potential growth with a credit rating of 'BBB-'. Dollar General operates nearly 20,000 locations nation-wide. The modern construction ensures low maintenance costs, while the spacious layout provides versatility for various retail uses. Don't miss your chance to capitalize on this high-performing asset in a thriving area.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,400 SF
Building Class
C
Year Built
2021
Price
$1,450,000
Price Per SF
$139.42
Cap Rate
6%
NOI
$87,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.50 AC
Zoning
C-1 - Commercial
Parking
41 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
216’ on V18 Road
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Dollar General, Brooklyn, IA | 3973 Co V18 Rd
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