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806 State St
Tama, IA 52339

$1,443,750 USD

Freestanding For Sale  •  10,488 SF

Property Details

• Property Type Freestanding
• Total Building Size 10,500 SF
• Lot Size 1.54 AC
• Building Class C
• Year Built 2023
• Cap Rate 8.00 %
• Tenancy Single

0 Transit Score

41 Walk Score

Highlights

2022 build to suit for Family Dollar Tree

±8.25 years remaining on an initial 10-year lease

Corporately guaranteed lease

Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options

Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores

The subject property comes with a 20-year roof warranty

Cap Rate:

8.00 %