Dollar General - Rockwell City
Dollar General Retail Investment Opportunity
Marketing description
The subject property consists of 9,014 SF freestanding building on 1.09 acres on the east side of Rockwell City, Iowa. The property is located on High Street/240th Street, just south of Highway 20, one of central Iowa‘s main east west highways. Dollar General has occupied this location since 2004 when the building was constructed.
The property is secured with a recently renewed NN+ lease, which includes percentage rent and minimal landlord responsibilities. Tenant reimburses Landlord for property taxes and parking lot maintenance. Dollar General is the nation‘s leading small community discount store, having posted $38.7B in annual sales in 2023.
Investment highlights
Other Lease Benefits to Landlord:
+ Tenant fully reimburses real estate taxes and insurance
+ Tenant reimburses parking lot maintenance up to $3,516/yr
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