Marcus & Millichap is pleased to present the Spirit Lake Retail Center in Spirit Lake, IA. The 14,700 square foot building is positioned on 1.30 acres with excellent exposure along 18th Street. Spirit Lake Retail Center is perfectly positioned just down the street from a Walmart Supercenter which is a major draw to this corridor contributing to the healthy traffic counts nearby. The subject property is also in close proximity to Great Lakes Mall, Hy-Vee, and the Lakes Regional Healthcare Center.. There is no dollar store in the Spirit Lake market and minimal competition nearby for the other tenants providing additional security in the deal. Other retail traffic drivers include nearby including Pizza Ranch, Jersey Mike’s Subs, Fareway Grocery, Pure Fishing, Polaris, O’Reilly Auto Parts, among others. Spirit Lake Retail Center is currently 100 percent leased, and is fully stabilized, with zero lease rollover until September of 2026. The center is anchored by Dollar Tree and three local tenants. There is upside in capturing the future rent bumps in the renewal options. All four of the leases are classified as triple net.