212 1st St N, Newton, IA 50208
RETAIL For SaleYear Built: 2006
Floors: 1
| Space | Size | Type | Pricing |
|---|---|---|---|
| Freestanding Pharmacy Portfolio Sale | SALE | Contact for pricing |
Bill Wright - CBRE
PHONE: 5152103050
PHONE: 5154156100
Grant Wright - CBRE
PHONE: 5157455113
PHONE: 5152244900
Chris Pendroy - CBRE
PHONE: 5154026600
PHONE: 5152216605
Dakota Little - CBRE
PHONE: 5157454378
PHONE: 5157454378
This is part of a portfolio package including the following properties: 2527 Easton Blvd Des Moines IA - 2,400 SF 212 1st St N Newton IA - 4,564 SF 303 SW 7th St Stuart IA - 1,750 SF 2105 N 3rd Ln Indianola IA - 2,750 318 N Lincoln Knoxville IA - 3,540 SF 317 N Market St Audubon IA - 2,253 SF 904 N John Wayne Dr Winterset IA - 1,505 SF 1602 Edgington Ave Eldora IA - 1,740 SF 615 E Main St Panora IA - 1,510 SF 800 School St Carlisle IA - 2,091 SF 10 Warrior Ln Waukee IA - 2,500 SF CBRE is pleased to present the opportunity to acquire a portfolio of twelve freestanding retail properties, 11 of which are secured by NNN leases to OneroRX, Inc. (operating as Medicap Pharmacy), and an additional leased to Loving Cup, LLC (operating as Scooter’s Coffee). This portfolio offers stable, predictable cash flow supported by a well established tenant with a strong regional presence as well as separately leased land parcel occupied by Scooter’s Coffee, providing investors with added diversification and a passive, land lease revenue stream. Collectively, this portfolio represents a chance to secure a mix of essential service retail assets, all backed by NNN lease structures that minimize landlord responsibilities and enhance long term investment stability.