- For Sale $540,000
- Property Type Retail
- Property Size 9,014 SF
- Lot Size 1.14 Acre
- Cap Rate % 9
- NOI / YR $48,600.00
- Year Built 2004
- Year Renovated 2023
- Date Updated May 14, 2026
- Visibility/Traffic Count (VPD) 1,286
Description
Property is secured with a recently renewed NN+ lease, which includes percentage rent and minimal landlord responsibilities. Tenant also reimburses Landlord for property taxes and parking lot maintenance. Dollar General is the nation‘s leading small community discount store and posted $38.7B in annual sales in 2023.
This highly visible free-standing store is located on Main/255th Street, just south of Highway 20 (one of Iowa‘s main east-west highways) in Sac City, Iowa. The 9014 SF freestanding build-to-suit building is located on 1.31 acres, just west of downtown Sac City. Dollar General has occupied this location since it was new in 2004.
Lease Info
Tenant Dolgencorp, LLC
Guarantor Corporate
Lease Type NN+
Taxes & Insurance Tenant Responsibility
Roof & Structure Landlord Responsibility
Lease Expiration 09/30/2029
Options None
Percentage Rent 2.5%
False
Contacts
CBRE
Location
Located at 420 East Main Street, Sac City, IA 50583, this property is part of the Sac City neighborhood and Des Moines market.
CBRE