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307 Center Avenue South
Mitchellville, IA 50169
Asking Price
$972K
Cap Rate
8%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
8% Cap Rate | ±20 MI from Des Moines <p>• Dollar General recently exercised an early five-year lease extension, demonstrating a strong commitment to this location.</p><p>• Attractive 8% return on a stabilized investment-grade credit tenant.</p><p>• Close proximity to Adventureland Resort, Prairie Meadows Racetrack and Casino, and Iowa Speedway — three major regional attractions that generate consistent consumer traffic and support surrounding retail demand.</p><p>• Mitchellville, IA is located less than 20 miles from Des Moines, th
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NOI
$80,000
Cap Rate
8.23%
DSCR
1.39
Strong
Cash-on-Cash
7.66%
Monthly Payment
$4,806.457
Annual Cash Flow
$22,322.517