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Brakes Plus | Brand New 2021 Construction | 20 Year Lease with Increases Every Five Years

3207 Manawa Centre Dr, Council Bluffs, IA 51501

Listing Price: $3,334,000

Cap Rate
4.50%
Tenant Name
Brakes Plus, LLC
Years Remaining On Lease
19.1
Guarantor
Corporate Guarantee
Rentable SF
4,936
Lease Type
Absolute Net
Rent Per Square Feet
$30.39

Investment Overview

The Sulo Group is pleased to present a Brakes Plus located in Council Bluffs, Iowa (Omaha MSA).

Investment Highlights

  • Brand New 2021 Construction | 20-Year Absolute Triple-Net Lease
  • Walmart, Sam's Club and Menards Outparcel
  • BayPine LP Acquires Mavis Tire Express Services
  • Council Bluffs, IA (Omaha MSA)

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) IA: B63379000

    Iowa

Auto Service - Gas-Conv

Brakes Plus | Brand New 2021 Construction | 20 Year Lease with Increases Every Five Years

Listing Price: $3,334,000

Cap Rate
4.50%
Tenant Name
Brakes Plus, LLC
Years Remaining On Lease
19.1
Guarantor
Corporate Guarantee
Rentable SF
4,936
Lease Type
Absolute Net
Rent Per Square Feet
$30.39

Investment Highlights

  • Brand New 2021 Construction | 20-Year Absolute Triple-Net Lease
  • Walmart, Sam's Club and Menards Outparcel
  • BayPine LP Acquires Mavis Tire Express Services
  • Council Bluffs, IA (Omaha MSA)

Investment Overview

The Sulo Group is pleased to present a Brakes Plus located in Council Bluffs, Iowa (Omaha MSA).

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): IA: B63379000

    Iowa

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