Dollar General

211 S Monroe St, Monroe, IA 50170

  • For Sale $1,106,405
  • Property Type Retail - Freestanding
  • Property Size 9,220 SF
  • Lot Size 0.76 Acre
  • Property Tenancy Single Tenant
  • Year Built 2018
  • Date Updated May 2, 2024
Conveniently located in central Monroe making it easily accessible for surrounding residential, office and retail locations. Monroe is a short drive from a variety of local attractions, including Lake Red Rock, Neal Smith National Wildlife Refuge, and Knoxville Raceway.This sale offers an absolute NNN Lease with over 9 years remaining on the lease term and 3 (five year) extension options.

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Highlights

  • No landlord responsibilities creating a truly passive investment
  • Investment Grade Tenant with a corporate guarantee by Dollar General Corporation and a "BBB" investment grade credit rating
  • 5 mile population of 3,281 with an average household income of $80,051

Contacts

broker

Mitch Phillips

Ferguson Commercial Real Estate Services

(515) 309-0922

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Monroe, IA
  • Neighborhood Monroe
  • Zip Code 50170

Points of Interest

  • Casey's General Store

    0.20 miles

  • Casey's

    9.16 miles

  • Caseys Employee Parking

    0.20 miles

  • Mustang Lanes Parking Lot

    0.25 miles

  • City Hall Parking Lot

    0.26 miles

  • First Baptist Parking Lot

    0.44 miles

  • Volksweg Trail Parking

    6.41 miles

  • Volksweg Trail Parking

    7.43 miles

  • Subway

    0.82 miles

  • Monroe Foods

    0.18 miles

Frequently Asked Questions

What is the lease rate for Dollar General?

Rental asking rate at Dollar General is $553,202.50/YR.

What is the total square footage of Dollar General?

Dollar General totals 9,220 square feet.

When was this property built?

Dollar General was built in 2018.

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Contact Listing Broker

broker

Mitch Phillips

Ferguson Commercial Real Estate Services

(515) 309-0922