Natural Grocers NNN Property For Sale — Clive, IA
US-6 (Hickman Road) & 86th Street, Clive, IA unknown
This Natural Grocers property offers an exceptional net lease investment opportunity in Clive, Iowa, part of the thriving Des Moines metropolitan area. The property boasts a strategic location at a signalized intersection, providing excellent visibility and high traffic counts. The tenant, Natural Grocers by Vitamin Cottage, Inc., is a publicly traded company with a strong track record of growth. The lease features attractive rental escalations and approximately 14 years remaining on the primary term, offering long-term stability for investors. The surrounding area benefits from strong demographics, including a significant population density and high average household incomes. The property also features a unique mural by local artist Chris Vance, adding to its appeal. Clive is recognized…
- Address: US-6 (Hickman Road) & 86th Street, Clive, IA unknown
- Asking price $1
- 100.00% cap rate
- NOI $1
- 4.7 years remaining
- NNN lease
- Year built: 2016
- Building size: 15,000 SF
- Lease expiration: May 31, 2031
- Rent increases: Rental escalation in the 11th year of the primary term and each four 5-year renewal option periods.
- Guarantor: Corporate
Location
This Natural Grocers property is at US-6 (Hickman Road) & 86th Street in Clive, Iowa.
Asset type: Retail