Menu
ncarol.com
  • Home
  • Business
  • Health
  • Real Estate
  • Arts
  • Entertainment
  • Non-profit
  • Technology
  • Books
ncarol.com

Heartland Income Properties Under Contract to Buy a Dollar General Property
ncarol.com/10025365

Trending...
  • A Family Affair: Abernethy Laurels Hosts a Wedding with Heart
  • Streamlining Seasonal Shutdowns: SPX FLOW Ensures Operational Continuity
  • New AI Academy Helps Therapists Embrace Tech Without Losing Their Humanity
Lease Features Dollar General Corporate Guarantee. Property Located in Sac City, Iowa.

SCOTTSDALE, Ariz. - ncarol.com -- Heartland Income Properties, LLC,(http://www.heartlandincome.com) a growing real estate investment company focusing on undervalued single-tenant, triple-net commercial properties primarily in the Midwest region of the United States, is pleased to announce that it has entered into a contract with an independent third-party to acquire a 9,104 square foot building in Sac City, Iowa currently under lease to Dollar General, the national discount store chain.

The property features an 8.35% initial capitalization rate. The current lease runs through September 2024 and there is an additional five-year option period at the conclusion of the initial lease term with a 5.88% rent increase over the current base rent. The property is in the farming community of Sac City, Iowa.

More on ncarol.com
  • Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
  • $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
  • $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
  • Scott Burton Releases Chaos: The Weight of a Memory, a Poetic Journey Through What Still Lingers
  • The Business Hyve Opens Waitlist for Groundbreaking Community Built for Small Business Success

Under the triple-net model, the tenant is responsible for all costs related to operations including taxes, insurance, snow removal, and maintenance.

Dollar General  is the nation's largest small-box discount retailer with more than 12,000 stores in 43 states.  Dollar General has guaranteed the Sac City lease.  Heartland will assume this guarantee.

In announcing the pending acquisition, Heartland Executive Chairman Tim Kopatich said that the property is in excellent condition and since it is already occupied by a major national tenant, will be immediately cash-flowing to Heartland.

An October closing is anticipated.

Heartland is currently evaluating several other properties for potential acquisition in the Midwest and will pay its first distribution to investors in September 2019.

For additional information please contact Tim Kopatich at 949-340-2647 or tim.kopatich@heartlandincome.com.

Contact
Tim Kopatich
***@heartlandincome.com


Source: Heartland Income Properties, LLC
Filed Under: Business

Show All News | Report Violation

0 Comments
1000 characters max.

Latest on ncarol.com
  • The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
  • $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
  • Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
  • Despite Global Calls for a Ban, US Child Psychiatry Pushes Electroshock for Kids
  • Franco Polished Plaster Celebrates 35 Years of Bringing Walls to Life in the UK
  • Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
  • Preliminary.online Introduces Short-Term Job-Readiness Courses with Employer-Verified Certifications
  • Psychologist-Turned-Hermeticist Releases Modern Guide to the Seven Hermetic Principles
  • Winners Announced for Asia Pacific Business Awards 2024-2025
  • Hamvay-Lang and Lampone.hu Join Forces with AIMarketingugynokseg.hu to Elevate Hungarian Lifestyle Brands on the Global Stage
  • Google AI Quietly Corrects the Record on Republic of Aquitaine's Legal Sovereignty
  • NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
  • Seaside Art Gallery Announces The July 4th Event with David Hunter and The Art of Etchings
  • Make Innovation Matter: Support H.R.1's R&D Expensing Relief for American Small Businesses
  • Agreement to Supply US-Based Defense Provider with Thin-Film Solar Tech for Orbital Application; Ascent Solar Technologies, Inc. (N A S D A Q: ASTI)
  • Byrd Davis Alden & Henrichson Launches Independence Day Safe Ride Initiative with 500 Free Uber Credits
  • Gastonia Pediatric Associates Welcomes Charlene Guffey, FNP-C, to Expanding Medical Team
  • databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
  • IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
  • Anthony B. Bonapart Featured on the Cover of Entrepreneurs in the Spotlight Magazine
_catLbl0 _catLbl1

Popular on ncarol.com

  • RNHA Named Official Community Partner of the First Annual CPAC Latino 2025 - 115
  • Real Estate CEO Launches Explosive New Book After $275,784 Wire Fraud Incident
  • Experience Trembling Firsthand with the New AgeMan® Tremor Simulator
  • $750 Million Market Projected to Reach $3.3 Billion Globally in 2034 for New Drug Application Filed on Preservative-Free IV Ketamine: NRx Pharma, Inc
  • JU Miner Launches Free Mining: Bitcoin, Dogecoin, and Litecoin
  • Scott Burton Announces Chaos: Volume 1 – A Journal of Being Human
  • Pregis Empowers Foam-in-Place Customers to Fight Water Insecurity with Inspyre Film
  • June 2-8 is Medicare Fraud Prevention Week
  • Shelter Structures America Appoints Shannon Heller as New Inventory Manager, Bolstering Operational Excellence in the Commercial Tent Industry
  • Fusion Marketing Group Celebrates 15 Years of Transforming Healthcare Recruitment Marketing

Similar on ncarol.com

  • Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
  • $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
  • $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
  • The Business Hyve Opens Waitlist for Groundbreaking Community Built for Small Business Success
  • Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
  • Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
  • AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)
  • The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
  • $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
  • Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
Copyright © 2025 ncarol.com | Contact Us | Privacy Policy | Terms of Service | Contribute