420 E Main St - Retail FOR SALE


Sac City, IA 50583
$694,000 USD
515-975-1112
420 E Main St, Sac City, IA for Sale
$694,000 USD
Retail - FOR SALE
1/2
null | 7% Cap Rate

420 E Main St
Sac City, IA 50583


OVERVIEW

This highy visible free-standing store is located on Main/255th Street, just south of Highway 20 (one of Iowa‘s main east-west highways) in Sac City, Iowa. The 9014 SF freestanding build-to-suit building is located on 1.31 acres, just west of downtown Sac City. Dollar General has occupied this location since it was new in 2004. Property is secured with a recently renewed NN+ lease, which includes percentage rent and minimal landlord responsibilities. Tenant also reimburses Landlord for property taxes and parking lot maintenance. Dollar General is the nation‘s leading small community discount store and posted $38.7B in annual sales in 2023.

FOR SALE DETAILS

PRICE

$694,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

-

APN/PARCEL ID

810724500163

ASK ABOUT THIS PROPERTY

515-975-1112

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515-975-1112

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