Map
Listed price in listed location currency (USD).
$1,095,533

000

MLS® 2601329

Overview

Key Facts

Type Other
Levels Commercial Sale
Size 9283 sqft
Garage No
Maintenance Fees 
Taxes $26,155
Days Active 7
Approx. Age 2017
Avg. Price Per Sqft $118
MLS® Number 2601329

Property Address: 401 E White St, Preston, IA, 52069-9372

Average square foot calculated using Size range provided by listing agent.

Description

Single-tenant Dollar General located at 401 E White Street in Preston, Iowa. Built in 2017, this 9, 370 SF property is leased to Dollar General under a triple-net (NNN) lease with no landlord responsibilities. The lease runs through August 1, 2032, with approximately 6.4 years remaining and three (3) five-year renewal options featuring 10% rent increases. Current NOI is $82, 175, offered at a 7.50% cap rate with an asking price of $1, 095, 533. Corporate-guaranteed lease. Established operating history at the site since 2017. Ideal for investors seeking stable, passive income with built-in rental growth.
MLS® Number2601329
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2017
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 26, 2026List Date
$1,095,533List Price

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties