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Dollar General 307 Center Ave S 9,026 SF Retail Building Mitchellville, IA 50169 $1,345,101 CAD ($149.03 CAD/SF) 8% Cap Rate
Investment Highlights
- Dollar General recently exercised an early five-year lease extension, demonstrating a strong commitment to this location
- Close proximity to Adventureland Resort, Prairie Meadows Racetrack and Casino, and Iowa Speedway
- Minimal competition — the nearest national dollar-store competitor is 8+ miles away
- Attractive 8% return on a stabilized investment-grade credit tenant
- Mitchellville, IA is located less than 20 miles from Des Moines, the state capital and largest metropolitan area
- Dollar General boasts an investment-grade credit rating of BBB (S&P)
Executive Summary
License # S44830000, F03991000 (IA)
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154
(866) 889-0550
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business created by J.L. Turner and Cal Turner. The company later evolved into a discount retailer and now focuses on everyday essentials, including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, alongside private brands and well-known national brands. Dollar General also operates DG Market, DGX, and pOpshelf formats in the United States and Mi Súper Dollar General stores in Mexico, while continuing to build a broad convenience-oriented general merchandise business.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 141-00041007001 | Improvements Assessment | $1,321,830 CAD |
| Land Assessment | $411,945 CAD | Total Assessment | $1,733,775 CAD |
Property Taxes
Presented by
Dollar General | 307 Center Ave S
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