Auto Service - Gas-Conv
Music Station Gas & C-Store
1420 W 1st St, Cedar Falls, IA 50613
Listing Price: $1,250,000
Cap Rate
8.00%
Tenant Name
Music Station
Years Remaining On Lease
20.1
Gross SF
2,400
Guarantor
Franchisee Guarantee
Rentable SF
2,400
Price/Gross SF
$520.83
Lease Type
Absolute Net
Rent Per Square Feet
$41.67
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Music Station Gas & C-Store in Cedar Falls, IA.
Broker of Record
Listing Price: $1,250,000
Cap Rate
8.00%
Tenant Name
Music Station
Years Remaining On Lease
20.1
Gross SF
2,400
Guarantor
Franchisee Guarantee
Rentable SF
2,400
Price/Gross SF
$520.83
Lease Type
Absolute Net
Rent Per Square Feet
$41.67
Investment Highlights
- Secure 20-Year Absolute NNN Lease
- Hard-Corner Location
- Contractual 10% Rental Growth
- Near University of Northern Iowa
- Strong Local Demographics
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Music Station Gas & C-Store in Cedar Falls, IA.
Broker of Record
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