Property Description
Single-tenant Dollar General located at 401 E White Street in Preston, Iowa. Built in 2017, this 9,370 SF property is leased to Dollar General under a triple-net (NNN) lease with no landlord responsibilities. The lease runs through August 1, 2032, with approximately 6.4 years remaining and three (3) five-year renewal options featuring 10% rent increases. Current NOI is $82,175, offered at a 7.50% cap rate with an asking price of $1,095,533. Corporate-guaranteed lease. Established operating history at the site since 2017. Ideal for investors seeking stable, passive income with built-in rental growth.
Features
: Central
: Central Air
: Concrete
: Public Sewer
: Electricity Available, Natural Gas Available
Address Map
IA
Jackson
Preston
52069
White
401
Street
W91° 36' 0.7''
N42° 3' 9.5''
E White St E of Main St
OT-E (East of I-380)
E
Comm
MLS Addon
SKOGMAN REALTY COMMERCIAL
Tiffany Earl Williams-WSG CRE
Sqft0
Sqft0
Sqft0
Sqft0
Sqft0
Additional Information
: Frame, Block, Concrete
220 Volts
: One
66647
2026-02-25
1
1
: Public
Financial
26155.0
Listing Information
Joshua Seamans
seamansjoshu121
CSKN05
SKOGMAN REALTY COMMERCIAL
earltiffany121
CSKN05
Cash
Active
2026-02-26T18:02:35Z
CDR
2026-02-26T10:56:12Z
401 E White Street, Preston, Iowa 52069 - Commercial Sale For Sale
401 E White Street, Preston, Iowa 52069
9,283 Sqft
$1,095,533
Listing ID #2601329
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2601329
Price : $1,095,533
Square Footage : 9,283 Sqft
Year Built : 2017
Lot Area : 1.53 Acre
Status : Active
F 150 : Off Street
Property Sub Type : Investment
Roof : Metal
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
- Sales Team
- View website
- 3194239515
-
sales@twenty40concepts.com
Contact Agent

