1803 1st Ave E | Newton, IA 50208
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- LoopNet Team
1803 1st Ave E
Newton, IA 50208
2021 Build Iowa Dollar General - Relocation · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2021 Dollar General Build With 14+ Years Remaining - Absolute NNN Requiring Zero Landlord Responsibilities
- Strong 5-Mile Population With Over 18,000 Residents
- 3.5 Miles From the Iowa Speedway - Host of the Calypso Lemonade 150
- Relocation Store With Proven Track Record Store Relocated From Location a Half Mile East
- Situated on One of Newton’s Main Thoroughfares, 1st Ave East, With Daily Traffic Counts Exceeding 10,000 Vehicles
- Dollar General is an Investment Grade Tenant With an S&P Credit Rating of BBB (the Same as Walgreens)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Zoning
Commercial
PROPERTY TAXES
| Parcel Number | 08-35-177-004 | Improvements Assessment | $978,420 |
| Land Assessment | $175,260 | Total Assessment | $1,153,680 |
PROPERTY TAXES
Parcel Number
08-35-177-004
Land Assessment
$175,260
Improvements Assessment
$978,420
Total Assessment
$1,153,680
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