Listed by Bang Realty
$1,204,579
Dollar General - Brooklyn IA
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,640
Cap Rate 7.25%
NOI $87,332
Tenancy Single
Lease Type NNN
Lease Expiration 03/31/2037
Rent Bumps Yes
Lease Options (3) 5 Year Options
Year Built 2021
Acreage 1.390
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 04/01/2022
Retail | 7.25% CAP | 10,640 SqFt
Marketing description
This newly constructed Dollar General property represents a stable net lease investment opportunity in central Iowa. The 9,100 SF building sits on 1.39 acres and features a corporate-guaranteed NNN lease with over 10 years of term remaining. The property benefits from a strategic location along V18 Road in Brooklyn, Iowa, providing convenient access to surrounding agricultural, residential, and regional commercial areas throughout Poweshiek County.
Investment highlights
- Strategically Located in Central Iowa - The Property is Situated Along V18 Rd. in Brooklyn, IA, Providing Convenient Access to Surrounding Agricultural, Residential, and Regional Commercial Areas throughout Poweshiek County
- Limited Competition in Trade Area - Only Dollar General Within a 13-Mile Radius
- Stable Community Environment with Long-Term Demand Drivers - Brooklyn Benefits from a Well-Established Small-Town Community Setting Supported by Local Businesses, Agricultural Activity, and Long-Term Residential Stability
- Accessible Location near Major Transportation Corridors - The Property Benefits from Proximity to Interstate 80, Providing Efficient Connectivity to Larger Iowa Markets Including Des Moines, Iowa City, and Cedar Rapids
- Strong Regional Economic Support from Agricultural Industry - The Surrounding Area is Supported by Iowa's Strong Agricultural Economy, Creating Long-Term Stability and Consistent Economic Activity throughout the Region
- Positioned within a Low-Density and Expanding Rural Market - The Property Offers the Advantages of a Rural Setting while Maintaining Accessibility to Nearby Employment, Commercial Services, and Transportation Infrastructure
- Attractive Long-Term Investment Opportunity - Located within an Established Central Iowa Community, the Property Benefits from Stable Market Fundamentals, Regional Accessibility, and Long-Term Economic Sustainability
Listing Contacts
Listed by Bang Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$87,332.00
$7,277.67/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
Map
Zoning
A AgricultureAgricultural District
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View all 43 uses Last updated Mar 9, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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