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

000

MLS® 2601329

Overview

Key Facts

Type 
Levels Commercial Sale
Size 9283 sqft
Garage 
Taxes $26,155
Days Active 49
Lot Size 
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
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2017
Basement
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

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

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