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1810 1st Ave
Fort Dodge, IA 50501

$1,279,282 USD

General Retail For Sale  •  7,439 SF

Property Details

  • Property Type General Retail
  • Total Building Size 9,100 SF
  • Lot Size 1.41 AC
  • Building Class B
  • Year Built 2018
  • Cap Rate 7.25 %
  • Tenancy Single
25 Transit Score
81 Walk Score

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.
Cap Rate: 7.25 %
Gannon Ethington 615-789-8730 Matthews Real Estate Investment Services
Gannon Ethington 615-789-8730 Matthews Real Estate Investment Services