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3261 E EUCLID AVE
DES MOINES, IA 50317
Asking Price
$1.14M
Cap Rate
7%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
<p>•<strong style="color: rgba(0, 0, 0, 1)">NN Lease with 6.5 Years Remaining - Former Family Dollar Converted to Dollar General in 2022</strong></p><p>•<strong style="color: rgba(0, 0, 0, 1)">Landlord is Responsible for Roof, Structure and Parking Lot Replacement</strong></p><p>•<strong style="color: rgba(0, 0, 0, 1)">Located Less Than Six Miles from Downtown Des Moines</strong></p><p>•<strong style="color: rgba(0, 0, 0, 1)">Store is Positioned Directly Next Door to McDonald’s and on a Dense Re
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NOI
$80,000
Cap Rate
7.05%
DSCR
1.19
Tight
Cash-on-Cash
3.71%
Monthly Payment
$5,615.361
Annual Cash Flow
$12,615.671
