Property History
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Founded in 1946 by George Gunderson, a once modest watch repair shop has evolved into one of the Midwest's premier luxury Swiss watch retailers and largest independent jewelers. Over 75 years, this family-owned business has built an unwavering commitment to excellence and exceptional customer service, earning the trust of generations of clients as the authority on luxury timepieces and fine jewelry. The subject property represents the founding site of this distinguished brand—the original location where Gunderson's established its legacy and laid the foundation for its expansion to five locations across Nebraska, South Dakota, North Dakota, and Minnesota. This property offers more than prime real estate; it embodies the historic significance of being the birthplace, coupled with decades of established customer recognition, market presence, and the operational value.
-Brand new 20-year NNN lease with zero landlord responsibilities
-Prime Location - Located in the Lakeport Commons Shopping Area that has over 3m annual visits and is #2 Community Shopping Center in Iowa.
-Strong operator with 5 locations and long tenure of operating history. ½ Rolex dealers in Iowa and the only 1 in Nebraska
- Long Term Tenancy - This is the operational headquarters and has a longstanding presence within the community.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
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Comparable Properties
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