Byrider NNN Asset Investment Automotive Property Iowa

Sands Investment Group is Pleased to Present Exclusively For Sale the 12,468 SF Byrider NNN Asset Investment Located at 2426 SE 14th Street in Des Moines, Iowa. This Store is the #6 Performing Store in the Country and a Repeat Recipient of the Presidents Award, Given to the Top Performing Byrider Locations Every Year. This Byrider Location is Situated in the Largest Growth and Highest Populated Market in the State of Iowa (Des Moines). With a Brand New 10 Year Lease, 2% Annual Increases and a Strong Guaranteeing Entity, This Opportunity Provides For a Best-of-Class Investment With Income Growth of an Established Tenant in the Desirable Des Moines, Iowa Market.

• Strong 2% Annual Increases Act as a Great Inflation Hedge
• Tenant Has a 13+ Year Operating History at This Location
• Byrider is America’s Largest Buy-Here Pay-Here Network, Having Sold Over 1.2 Million Cars at More Than 140 Locations Around the Country
• This Store is the #6 Performing Store Out of Over 140 Locations
• Byrider is the Only Buy-Here Pay-Here, Used Car and Financing Franchised-Dealership Operation in the United States
• The U.S. Car Industry Has Seen Record Profits With Consistent Year Over Year Volume
• Sits on the Signalized Corner of SE 14th Street and E Bell Avenue Seeing Over 30,000 VPD
• Excellent Demographics With 174,659 Residents Making an Average Household Income of $66,070 Within a 5-Mile Radius
• Located in a Prime Dealership and Retail Corridor
• Des Moines is Iowa’s Largest and Fastest Growing Market Seeing Over 1.5% Growth on an Annual Basis
• Strong Retail Synergies From: ALDI, AutoZone, CVS Pharmacy, Dollar Tree, Starbucks and Walgreens

In Cooperation With Sands Investment Group Iowa, Inc – Lic. # F06091000 BoR: Andrew Ackerman- IA Lic. # B67615000

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