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DOLLAR GENERAL 2774 310th St 9,026 SF Retail Building Hamburg, IA 51640 $1,571,904 CAD ($174.15 CAD/SF) 7.15% Cap Rate
Investment Highlights
- Absolute NNN – Zero Landlord Responsibilities
- Long Lease Term Remaining – ±11.4 Years Remaining on the Current Term
- Estimated Population of 1,131 Within a 2-Mile Radius – Demographics are in the “Sweet-Spot” for the Ideal Dollar General Market
- Dollar General is Accompanied by an Investment Grade “BBB” Credit Rating
- Zero Competition in the Area
- Hamburg is Located 5 Miles Away from the Border of Nebraska – Located 40 Miles South of Omaha, NE
Executive Summary
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.
Broker of Record
Adam Marek
License No. F03991000 (IA)
Broker of Record
Adam Marek
License No. F03991000 (IA)
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
9,026 SF
Building Class
C
Year Built
2021
Price
$1,571,904 CAD
Price Per SF
$174.15 CAD
Cap Rate
7.15%
NOI
$112,391 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.03 AC
Zoning
CM - Commercial
Property Taxes
| Parcel Number | 1-001005-54000000 | Improvements Assessment | $417,685 CAD |
| Land Assessment | $115,399 CAD | Total Assessment | $533,084 CAD |
Property Taxes
Parcel Number
1-001005-54000000
Land Assessment
$115,399 CAD
Improvements Assessment
$417,685 CAD
Total Assessment
$533,084 CAD
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DOLLAR GENERAL | 2774 310th St
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