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DOLLAR GENERAL 2774 310th St

9,026 SF Retail Building Hamburg, IA 51640 $1,149,851 ($127/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)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
9,026 SF
Building Class
C
Year Built
2021
Price
$1,149,851
Price Per SF
$127
Cap Rate
7.15%
NOI
$82,214
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Land Acres
2.03 AC
Zoning
CM - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
310310620010000
Land Assessment
$30,150
Improvements Assessment
$938,230
Total Assessment
$968,380
  • Listing ID: 33111278

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 2774 310th St, Hamburg, IA 51640

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