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401 E White Street Preston, IA 52069 Commercial - Business Active

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Description

Single-tenant Dollar General located at 401 E White Street in Preston, Iowa. Built in 2017, this 9,370 SF property is leased to Dollar General under a triple-net (NNN) lease with no landlord responsibilities. The lease runs through August 1, 2032, with approximately 6.4 years remaining and three (3) five-year renewal options featuring 10% rent increases. Current NOI is $82,175, offered at a 7.50% cap rate with an asking price of $1,095,533. Corporate-guaranteed lease. Established operating history at the site since 2017. Ideal for investors seeking stable, passive income with built-in rental growth.

Property Highlights

Property Type: Commercial - Business
Building Description: 1.0 stories
Year Built: 2017
Lot Size: 1.53 acres

General Information

County: Jackson
Listed By:
SKOGMAN REALTY COMMERCIAL 319-363-8286 Tiffany Earl Williams-WSG CRE
Cedar Rapids MLS
$1,095,533
Est. $8,465/mo
Active
SQUARE FEET9,283 MLS#2601329
STATUSActive PROPERTY TYPECommercial - Business

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Agent Name: Jeff Dellitt
Agent Phone: (563) 343-1028
Agency Title: Ruhl&Ruhl Realtors
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401 E White Street, Preston, IA 52069.

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Loan Type FHA 30 Year Fixed15 Year FixedVA 30 year fixed
Purchase Price $1,095,533$1,095,533$1,095,533
Down Payment $38,344$273,883$0
Monthly Mortgage Amount $6,363$6,659$6,620
Taxes $1525$1525$1525
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $657$0$0
Monthly Estimated Total $8,865$8,504$8,465

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About this area

Iowa/Preston
Preston

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Find homes for sale in Preston, Iowa, and learn about the local community and real estate market.

Preston, IA is located in Jackson County. The town was established as a result of the railroad coming through the area in the mid-to-late 19th century. As of 2010, the population was slightly above 1,000. The community is active and vibrant, and it is about a 50-minute drive from both the Quad Cities and Dubuque.

Ruhl&Ruhl Realtors has plenty of homes for sale in Preston, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Preston and if you need to do a little more research before buying, check out the pages below for additional real estate options.

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Nearest Ruhl&Ruhl Office
301 North Second Street
Clinton, IA 52732
Phone Number: (563) 441-1776

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/06/2026. The listing information on this page last changed on 03/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 03/06/2026 7:40:37 AM EST) or MRED MLS (last updated Fri 03/06/2026 7:20:16 AM EST) or SCWMLS (last updated Thu 03/05/2026 11:55:00 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 03/05/2026 10:15:26 PM EST) or Cedar Rapids MLS (last updated Fri 03/06/2026 6:51:54 AM EST) or NEIRBR MLS (last updated Fri 03/06/2026 7:38:53 AM EST) or ICAAR MLS (last updated Thu 03/05/2026 11:37:42 PM EST) or ECIMLS (last updated Thu 03/05/2026 11:44:23 PM EST) or RMLSA (last updated Fri 03/06/2026 1:11:05 AM EST) or Muscatine MLS (last updated Fri 03/06/2026 2:00:32 AM EST) or No Coast MLS (last updated Fri 03/06/2026 7:04:07 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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