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401 E White St , Preston, IA 52069

$1,095,533

9,283
sqft
2017
year built

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.

  • Year Built
    2017
  • Stories
    1.0
  • Construction Materials
    Frame, Block, Concrete
  • Parking Features
    Off Street
  • Living Area
    9283.0
  • Flooring
    Concrete
  • Cooling
    Central Air
  • Heating
    Central

  • Acres
    1.53
  • Utilities
    Electricity Available, Natural Gas Available
  • Water
    Public

  • Area
    OT-E (East of I-380)
  • County
    Jackson
  • City
    Preston
  • Zip Code
    52069

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Frequently Asked Questions

How do I schedule a tour of 401 E White St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 401 E White St.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 401 E White St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,095,533. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Preston, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 401 E White St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 401 E White St at around $8,414. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 401 E White St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Jackson County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 401 E White St?

In most cases, yes. Whether 401 E White St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Preston's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 401 E White St?

We can handle that for you. Our preferred local agent specializes in commercial sales in Preston and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,095,533 with 9,283 sqft of space—that comes out to approximately $118 per square foot.

How long has this property been on the market?

401 E White St was listed on February 24, 2026, which means it's been on the market for 258 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2017, making it approximately 9 years old.

What is the lot size of this property?

401 E White St sits on a 1.53-acre lot, which is 66,647 square feet.

What are the property taxes for 401 E White St?

The most recent public record shows annual property taxes for 401 E White St were approximately $26,155. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 401 E White St still available for sale?

This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.

Last Updated: November 09, 2026 at 06:11PM | Source: Cedar Rapids Area Association of REALTORS | MLS#: 2601329