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903 Grundy Ave, Reinbeck, IA, 50669

DOLLAR GENERAL
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Highlights

INVESTMENT HIGHLIGHTS

  • Absolute NNN – Zero Landlord Responsibilities
  • Dollar General is accompanied by an Investment Grade “BBB” Credit Rating
  • Long Lease Term Remaining – ±11.4 Years Remaining on the Current Term
  • Zero Competition in the Area
  • Corporate Guarantee
  • Recession Resistant Tenant – Dollar General has Been Historically Profitable During Times of Market Uncertainty – Boasting a Silver Globe Business Excellence Award for Their Response to the COVID-19 Pandemic.
  • Located on Grundy Ave – Sees 2,500 VPD
  • Average Household Income within a 2-mile and 5-mile Radius is Estimated at $88,000

Location

Agents

Broker of Record

Adam Marek

License # F03991000 (IA)
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154

Key Information

Cap Rate
7.15%
Year Built
2020
Term Remaining
±11.4 YRS
Type
Retail
NOI
$88,400
Leasable Area
9,100