1002 West St
Grinnell, IA 50112

$2,530,000 USD

Convenience Store For Sale • 2,944 SF

Property Details

Property Type Convenience Store
Total Building Size 2,944 SF
Lot Size 0.85 AC
Building Class B
Year Built 2009
Tenancy Single
Zoning Commercial

50 Walk Score

                
                    Highlights
                
                                100% Bonus Depreciation
                            
                                Ideal property for 1031 exchange
                            
                                Zero landlord responsibilities
                            
                                Corporate Lease with MAVERIK
                            
                                15 Year Absolute Triple Net Lease from date of purchase
                            
                                7.5% rent increase effective every 5 years during initial term