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2192 332nd Street, North English, IA, 52316

Dollar General
$1,061,870

Key Information

Cap Rate
8%
$ per SF
$115
Tot. SF
9,184
Lot Size
2 Acres
Year Built
2017
Term Remaining
± 6 Years
Type
Retail
NOI
$84,949

Highlights

• Attractive 8% return on a 2017 build-to-suit construction Dollar General with stabilized investment-grade credit.
• Close proximity to Lake Iowa Park, an 83-acre recreational destination featuring an 18-hole disc golf course, as well as Old Man’s Creek Winery, two of the area’s primary tourism and leisure attractions.
• Strategically positioned at the hard corner of 332nd Street and M Avenue, providing strong visibility and access along the primary route into North English, Iowa.
• Minimal competition — the nearest national dollar-store competitor is ±14 miles away, allowing Dollar General to maintain a dominant retail presence within the surrounding trade area.
• Dollar General boasts an investment-grade credit rating of BBB (S&P).
• Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future.
• Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic.
• Dollar General has a market cap of ±$23 billion

Photos

Location

Agents

Broker of Record

Adam Marek

License # S44830000, F03991000 (IA)
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154