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Marcus & Millichap

Whalen | Johnson Team

About Company

At Marcus & Millichap, our commitment is to help our clients create and preserve wealth by providing unprecedented real estate investment sales, financing, research and advisory services available. Headquartered in Indianapolis, Indiana, the Whalen | Johnson | Yoder Team of Marcus & Millichap is one of the top retail brokerage teams in the Midwest, having closed over 250 transactions and emassing more than $450 million in sales across 17 states. The team consists of 7 full-time investment sales specialists, backed by a 5 member support staff. As a collective, the group takes immense pride in their ability to represent clients in both the sale and purchase of investment grade commercial real estate.

600 E 96th St, Suite 500 Indianapolis, IN 46240

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612 2nd Avenue Southwest, Cresco, IA , 52136
  • Size SF10,000
  • Built/Renov2023
  • Price/SF$184
  • Lease Start03-04-2024
  • Rent/SF$13.95
  • Lease Type NN+
  • Lot/AC0.82
  • Pop 5MI4,887

1,835,000

  • Cap Rate 7.60%
  • NOI $139,500
  • R. Term/Yrs 8.4
  • Guarantor Corp R + T
  • # Units 16,700
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Brand new lease

  • Long 10+ yr lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar Tree
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR

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