Dollar General Relocation Of Highperforming Store… — Sale in Cherokee, IA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Cherokee, IA 51012

Investment Figures

Cap rate
6.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the Dollar General in Cherokee, IA. Investment Highlights: • 15-Year Absolute NNN Lease, No Landlord Responsibilities • 5% Rental Increases Every 5 Years Throughout the Base Term and Options • Relocation of High-Performing Store, Proven Concept in Trade Area • Investment Grade Credit Tenant (Rated 'BBB' by S&P), #112 on Fortune 500 in 2025 • Dollar General is the Nation's Largest Retailer with 20,450+ Stores • Classified Nationally as an Essential Retailer for Daily Shopping Needs • Strategic Location, Nearest Dollar General and Family Dollar Store is Over 20 Miles Away • Surrounded by Affluent Communities, Average Household Incomes Exceed $77,000 in 1 Mile and $79,000 in 3 Miles

Market Context

This retail in Cherokee, IA is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Cherokee, IA — view the full market.

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