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151 Iowa Highway 21
Dysart, IA 52224

$1,186,000 USD

General Retail For Sale  •  9,100 SF

Property Details

  • Property Type General Retail
  • Total Building Size 9,100 SF
  • Lot Size 2 AC
  • Building Class B
  • Year Built 2022
  • Cap Rate 6.75 %
  • Tenancy Single
20 Walk Score

Highlights

SINGLE TENANT DOLLAR GENERAL LOCATION: 9,100-SF on a large 2.00 acre lot with 25 parking spaces.
TRIPLE NET LEASE: 2022 construction with over 10 years remaining on the original NNN lease. No landlord responsibilities.
RENTAL INCREASES IN EACH OPTION: 10% rental increases in each of four, 5-year renewal options.
CORPORATE GUARANTEE: Lease is guaranteed by Dollar General, with over 20,000 locations across 48 states
FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.
HIGH VISIBILITY LOCATION: Property features Lighted pylon sign and easy access from both traffic directions. Adjacent to Casey’s gas station

Property Flyers

Cap Rate: 6.75 %

Public Transportation

AirportDriveWalkDistance
The Eastern Iowa 67 min - 48.7 mi
Dante Moretti 614-595-1674 Marcus & Millichap
Dante Moretti 614-595-1674 Marcus & Millichap