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Albion | IA Back to Properties


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Key Details

  • Price: $ 1,952,717
  • Cap Rate: 5.75%
  • Annual Rent: $112,281
  • Monthly Rent: $9,357
  • Property Type: Convenience Store

Property Data

Address:
MSA: Des Moines
Original Lease Term: 15 Years
Lease Commencement: 2023-03-20
Lease Expiration: 2038-03-19
Lease Term Remaining: 13.2 Years
Rental Increases: 10% Every 5 Years
Building Size: 10,566
Year Built: 2023
Tenant Credit Rating: BBB
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Financial Summary

Investment Highlights

Price $1,952,717.00
Initial Investment $1,952,717.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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