Hy-Vee Gas

Properties Sold
HY-VEE GAS
Black Hawk County, IA

PRICE $847,000
GLA 1,426 SF
PROPERTY TYPE Retail
CAP RATE 6.0%
LEASE TYPE NNN
LEASE EXPIRATION Dec. 2020
YEAR BUILT 2004
Downloads
OFFERING MEMORANDUM
FLYER

BRANDON HAKIMI
brandon@namdarllc.com
(516) 773-0080
DEMOGRAPHICS
Total Population
1 – mi. – 9,902
3 – mi. – 44,915
5 – mi. – 70,321
More info in the flyer

INVESTMENT HIGHLIGHTS

  • Top 50 private company in the US – NNN Ground Lease – Below market rent – Strong commitment to the location
  • The site is located within a strong retail corridor with nearby national retailers Including Kohl’ s, ALDI, Buffalo Wild Wings, and Walgreens
  • Strong visibility to daily traffic counts in excess of 23,400+ vehicles at a four-way signalized intersection
  • Current reconstruction / expansion of the road property is located on is in-progress that will improve traffic flow immensely
  • Hy-Vee Gas Station is surrounded by several schools with strong student populations – less than 2 miles from the University of Northern Iowa (12,000+ students)
  • The site is surrounded by dense residential neighborhoods, apartment and condominium complexes, and numerous amenities

City:Black Hawk County
State:IA
Square Feet:1,426 SF
Price:$883,826
Cap Rate:5.75%

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