709 Highway 61 N | Wapello, IA 52653
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709 Highway 61 N
Wapello, IA 52653
Dollar General Market - Wapello · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Acquire a newly constructed Dollar General Market on 2.28 acres of land in an area underserved by daily need stores.
- Investors will benefit from the full corporate Dollar General guarantee, zero landlord expenses, and a 15 year absolute net lease.
- Dollar General is increasing their presence by upgrading to a Dollar General Market.
- Currently, Dollar General ranks 108th on the Fortune 500 list, selling America's most trusted brands.
- Lease escalated 5% every 5 years.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,638 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
0.51 AC
Parking
38 Spaces (3.57 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 08-27-101-015 | Improvements Assessment | $544,960 |
| Land Assessment | $139,000 | Total Assessment | $683,960 |
PROPERTY TAXES
Parcel Number
08-27-101-015
Land Assessment
$139,000
Improvements Assessment
$544,960
Total Assessment
$683,960
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