Dollar General Absolute NNN
4 Barber Street Central City, IA 52214
4 Barber Street, Central City, IA, 52214
$1,057,820
For Sale
$1,057,820
Absolute NNN lease with 7 years remaining, corporate guarantee, and a concrete parking lot with ample parking.
Days on Market27
Property Features for 4 Barber Street
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2016
Listing agency
Ferguson Commercial Real Estate Services
(515) 975-8225
Listed by
Mitch Phillips · License #S62966000
(515) 975-8225
Source
Fergusoncres
Added: Jun 25 Updated: Jul 21 at 11:57AM Checked: Jul 21 at 11:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ferguson Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This sale presents an absolute NNN lease with 7 years remaining on the lease term and five (5) year renewal options. The property offers a corporate guarantee by Dollar General Corporation and reflects a “BBB” investment-grade credit rating. The lease structure calls for no landlord responsibilities, aligning with an absolute NNN format.
Total annual rent is $82,510, with 10% rent increases at each extension option. The site includes a concrete parking lot with ample parking.
The property is offered for sale at 4 Barber Street in Central City, IA 52214.
Total annual rent is $82,510, with 10% rent increases at each extension option. The site includes a concrete parking lot with ample parking.
The property is offered for sale at 4 Barber Street in Central City, IA 52214.
Key Highlights
- Absolute NNN lease with 7 years remaining and five (5) year renewal options
- Tenant is Dollar General Corporation with a corporate guarantee and “BBB” investment grade credit rating
- Total annual rent is $82,510 with 10% rent increases at each extension option
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Absolute NNN lease with 7 years remaining, corporate guarantee, and a concrete parking lot with ample parking.
Where is this nnn property located?
The property is located at 4 Barber Street Central City, IA.
What is the asking price?
The asking price for this property is $1,057,820.
What are key features of this property?
This property features: Absolute NNN lease with 7 years remaining and five (5) year renewal options; Tenant is Dollar General Corporation with a corporate guarantee and “BBB” investment grade credit rating; Total annual rent is $82,510 with 10% rent increases at each extension option
