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2940 5th Ave S
Fort Dodge, IA 50501

STARBUCKS - FORT DODGE, IA · Retail Property For Sale

Investment Highlights

  • New 10-Year NN Lease with an Attractive 7.50% Rental Escalations Every 5 Years & During Renewal Options!
  • Starbucks Latest Prototype with Impressive 13-Car Stack in Drive-Thru - Slated for Opening Date/Rent Commencement on January 2023 (Est.)
  • Positioned on a Large ±1.36-Acre Lot - Across the Street from Kohl’s, with Great Visibility/Access on 5th Ave S
  • Starbucks Corporation (NASDAQ: SBUX | S&P BBB+ Credit Rating | Moody’s Baa1 Rating) Operated 16,826 Company-Operated & Licensed Stores in North Amer
  • Well Located on Main Retail Corridor with HUGE 50-Mile Regional Draw!
  • Total Population: 27,800 | Average Household Income: $68,186

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,840 SF
Building Class
C
Year Built/Renovated
2005/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.16 AC
Zoning
C
Parking
55 Spaces
Frontage
100 FT on US 20 BUS

Amenities

  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-21-451-014
Land Assessment
$362,380
Improvements Assessment
$1,118,520
Total Assessment
$1,480,900
  • Listing ID: 28307549

  • Date on Market: 4/24/2023

  • Last Updated:

  • Address: 2940 5th Ave S, Fort Dodge, IA 50501

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