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1026 MAIN ST
GRINNELL, IA 50112
Asking Price
$1.20M
Asset Type
Grocery Store Retail
Class
Class B
What's Special
High Performing Grocery Store | 12,330 SF <p>McNally's Foods is a turnkey grocery store for sale in the heart of downtown Grinnell, Iowa. The real estate, the operating business, and all furniture, fixtures, and equipment are included in a single purchase, with inventory sold separately at closing — so a new owner can step in and keep running the store without interruption. A long-established, full-service market that has served the community for generations, McNally's remains a daily-needs anchor on the city's Main Street and carries a
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657
