3973 V18 Rd.

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3973 V18 Rd.

Brooklyn, IA 52215
Asking Price
$1.20M
Cap Rate
7.25%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Retail | 7.25% CAP | 10,640 SqFt <ul><li>​Strategically Located in Central Iowa - The Property is Situated Along V18 Rd. in Brooklyn, IA, Providing Convenient Access to Surrounding Agricultural, Residential, and Regional Commercial Areas throughout Poweshiek County</li><li>​Limited Competition in Trade Area - Only Dollar General Within a 13-Mile Radius</li><li>​Stable Community Environment with Long-Term Demand Drivers - Brooklyn Benefits from a Well-Established Small-Town Community Setting Supported by Local Businesses, Agricu

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NOI
$80,000
Cap Rate
6.64%
DSCR
1.12
Tight
Cash-on-Cash
2.35%
Monthly Payment
$5,959.6
Annual Cash Flow
$8,484.804

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