Dollar General – Buffalo Center, IA
Buffalo Center, IA
Full Tenant Expense
Parking Lot – Concrete
True NNN Lease - No Landlord Responsibility
- Brand New 15 Year Absolute Net (NNN) Lease – with zero Landlord Liability
- Excellent Location in Buffalo Center
- Dollar General Corporate Guarantee ($18.46 Billion Revenue / $5.34 Billion Net Worth approximately)
- Dollar General: #195 in Fortune 500 – S&P BBB- Rating – Investment Grade
- 9,026 SF – Larger Store Format
- All HVAC Units are tenant responsible for repair & replacement
- Concrete Parking Lot – excellent useful life
- Three, Five-Year Option Remaining with 10% rental increases
- Buffalo Center is a town off IA State Hwy 9 near the Iowa Minnesota border just 35 miles north of Algona
- Low Price per Square Foot for Iowa
- Buffalo Center local retail nearby includes Farmers Trust & Savings Bank, & Cenex Gas
- Dollar General has enrolled this store in its national insurance program
The Dollar General # 15,914 – is brand new build in a excellent location. The property is located at 1840 Highway 9 Buffalo Center, IA located on State Hwy 9 just 35 miles north of Algona. The Dollar General property is a 9,026 Square Foot property built in 2015. The rent is a Absolute Net (NNN) lease with zero landlord responsibility. The property is offered at an 7.00% Cap Rate. NO MAINTENANCE is required with 10% increases during the three, five-year options.
Buffalo Center, IA – Buffalo Center is a town on State Highway 9 near the Iowa Minnesota border just 35 miles north of Algona.
Dollar General Corporation is the nation’s largest small-box discount retailer. We make shopping for everyday needs simpler and hassle-free by offering a carefully edited assortment of the most popular brands at low everyday prices in small, convenient locations. Dollar General ranks among the largest retailers of top-quality brands made by America’s most-trusted manufacturers, such as Procter & Gamble, Kimberly Clark, Unilever, Kellogg’s, General Mills and Nabisco.
- $17.79 billion in sales in fiscal 2013.
- 11,000+ stores in 40 states
- About 12,000 core products from America’s most-trusted manufacturers
- 9+ distribution centers
- 85,900+ employees
- BBB- Rating by Standard & Poor’s
- Headquarters are located at 100 Mission Ridge Goodlettsville, TN