1810 1st Ave - Retail FOR SALE
Fort Dodge, IA 50501 |
$1,279,282 USD
615-789-8730
1810 1st Ave
Fort Dodge, IA 50501
HIGHLIGHTS
- Absolute NNN – Zero landlord responsibilities with passive cash flow.
- Location – Fort Dodge is located roughly ±93 miles NW of Des Moines, IA. Traffic Counts on 1st Avenue South exceed ±9,283 VPD.
- Tenant – Corporately guaranteed lease. Dollar General is accompanied by an investment grade “BBB” credit rating.
- Lease Term – There’s over ±8.5 years remaining on the primary term of the lease.
- Area – Other national credit tenants in the area include Wendy’s, O’Reilly Auto Parts, CVS, Starbucks, Arby’s, Scooter’s Coffee, Verizon, Culvers, etc
- Demographics – Population within a 5-mile radius is roughly 26,798 residents.
FOR SALE DETAILS
PRICE
$1,279,282 USD
PRICE/SF
$172 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.41 AC
LAND SF
61,424 SF
ZONING
-
APN/PARCEL ID
07-20-411-003
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615-789-8730
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615-789-8730
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