Dollar General | Triple Net Lease | Limited… — Sale in Dysart, IA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Dysart, IA 52224

Photos

Dollar General | Triple Net Lease | Limited… — Sale in Dysart, IA, photo 1 of 5
Dollar General | Triple Net Lease | Limited… — Sale in Dysart, IA, photo 2 of 5
Dollar General | Triple Net Lease | Limited… — Sale in Dysart, IA, photo 3 of 5
Dollar General | Triple Net Lease | Limited… — Sale in Dysart, IA, photo 4 of 5
Dollar General | Triple Net Lease | Limited… — Sale in Dysart, IA, photo 5 of 5

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 offering for Dollar General in Dysart, IA. Investment Highlights: • SINGLE TENANT DOLLAR GENERAL LOCATION: 9,100-SF on a large 2.00-acre lot with 25 parking spaces • TRIPLE NET LEASE: 2022 construction with over 10 years remaining on the original NNN lease. No landlord responsibilities • RENTAL INCREASES IN EACH OPTION: 10% rental increases in each of four, 5-year renewal options • CORPORATE GUARANTEE: Lease is guaranteed by Dollar General, with over 20,000 locations across 48 states. • FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset. • HIGH VISIBILITY LOCATION: Property features Lighted pylon sign and easy access from both traffic directions. Adjacent to Casey's gas station. • LIMITED COMPETITION IN AREA: Closest dollar store location is 15 miles away in both directions. • STABLE TRAFFIC CORRIDOR: Located along Iowa Highway 21 seeing 2,050 vehicles per day (VPD). Daily traffic along this highway is higher than the population within 5 miles.

Market Context

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

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