This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Dollar General 1810 1st Ave

9,100 SF Retail Building Fort Dodge, IA 50501 £1,003,482 (£110/SF) 7.25% Net Initial Yield

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
£1,003,482
Price Per SF
£110
Net Initial Yield
7.25%
NOI
£72,752
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Land Acres
1.41 AC
Opportunity Zone
Yes
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0720411003
  • 07-20-335-003
Land Assessment
£123,670
Improvements Assessment
£676,789
Total Assessment
£1,590,854
  • Listing ID: 34048442

  • Date on Market: 02/12/2024

  • Last Updated:

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

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}