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Dollar General 1810 1st Ave

9,100 SF Retail Building Fort Dodge, IA 50501 $1,279,282 ($141/SF) 7.25% Cap Rate

Retail Space Iowa Fort Dodge 1810 1st Ave, Fort Dodge, IA 50501

Investment Highlights

  • Absolute NNN – Zero landlord responsibilities with passive cash flow.
  • Tenant – Corporately guaranteed lease. Dollar General is accompanied by an investment grade “BBB” credit rating.
  • 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
  • Location – Fort Dodge is located roughly ±93 miles NW of Des Moines, IA. Traffic Counts on 1st Avenue South exceed ±9,283 VPD.
  • Lease Term – There’s over ±8.5 years remaining on the primary term of the lease.
  • Demographics – Population within a 5-mile radius is roughly 26,798 residents.

Executive Summary

Broker of Record
Adam Marek
License No. F03991000 (IA)
(866) 889-0550
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha,
NE 68154

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
9,100 SF
Building Class
B
Year Built
2018
Price
$1,279,282
Price Per SF
$141
Cap Rate
7.25%
NOI
$92,748
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Land Acres
1.41 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

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Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0720411003
  • 07-20-335-003
 Improvements Assessment $862,800
Land Assessment $157,660 Total Assessment $2,028,090

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0720411003
  • 07-20-335-003
Land Assessment
$157,660
Improvements Assessment
$862,800
Total Assessment
$2,028,090
(615) 789-8730

  • Listing ID: 34048442

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 1810 1st Ave, Fort Dodge, IA 50501

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Dollar General | 1810 1st Ave
(615) 789-8730 x

Dollar General | 1810 1st Ave

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Gannon Ethington

(615) 789-8730

(615) 789-8730

Clay Smith

(214) 692-2216

(214) 692-2216

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