1910 SW White Birch Cir - Convenience Store FOR SALE


Ankeny, IA 50023- Outer Ankeny/Saylorville
$2,025,000 USD
513-300-0763
1910 SW White Birch Cir, Ankeny, IA for Sale
$2,025,000 USD
Convenience Store - FOR SALE
1/6
null | 7.5% Cap Rate

1910 SW White Birch Cir
Ankeny, IA 50023
Outer Ankeny/Saylorville


OVERVIEW

**Maverik Convenience Store - Ankeny, Iowa** Invest in this single-tenant triple net investment opportunity at a 7.5% cap rate. Located at 1910 SW White Birch Circle in Ankeny, Iowa, this Kum & Go (Maverik) Convenience Store features 3,407 SF of building space on 1.55 acres of land with 18 pump stations. The property, built in 2008, benefits from a prime location at the signalized intersection of SW Oralabor & SW White Birch Dr. Leased to Kum & Go, L.C., on an absolute net lease with no landlord responsibilities, until December 22, 2029, this investment offers an annual net operating income of $151,871. With four 5-year lease renewal options, each with a 7.5% increase, this property provides a secure long-term investment opportunity. Don't miss the chance to own a piece of this thriving convenience store chain known for its high-quality fuel, fresh food offerings, and commitment to sustainability.

FOR SALE DETAILS

PRICE

$2,025,000 USD

PRICE/SF

$594 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Store # 4020

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

Commercial

APN/PARCEL ID

181-01501000000

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.