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1149 3rd Ave NW
Fort Dodge, IA 50501
DG Market · Retail Property For Sale

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Investment Highlights

  • Investment grade tenant - S&P: BBB
  • 2025 construction
  • Across from Elanco Animal Health, a pharmaceutical lab that is a major employer for the area
  • 14+ years remain on the primary lease term
  • Located just off US Highway 169 (8,900 VPD)
  • Limited competition in the immediate area

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
10,819 SF
Year Built
2025
Price
$2,232,297
Price Per SF
$206.33
Cap Rate
6.35%
NOI
$141,750
Tenancy
Single
Building Height
1 Story

Property Taxes

Property Taxes

Parcel Number
06-24-201-001
Land Assessment
$91,200
Improvements Assessment
$898,720
Total Assessment
$989,920
  • Listing ID: 39099543

  • Date on Market: 1/15/2026

  • Last Updated:

  • Address: 1149 3rd Ave NW, Fort Dodge, IA 50501

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