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Dollar General Hwy 175 4th St 9,100 SF 100% Leased Retail Building Gowrie, IA 50543 $2,017,550 ($221.71/SF) 6.80% Cap Rate



Investment Highlights
- 2026 Development Dollar General in Gowrie, IA - Rent Set to Commence October 2026
- Built-In 5% Rent Increase Every 5 Years Throughout Primary Term and Options
- Affluent Community With an Average Household Income of Over $103k Within 5-Mile Radius of the Subject Asset
- Absolute NNN Lease – Zero Landlord Responsibilities
- Large 1.95-Acre Hard Corner Lot at the Intersection of Hwy 175 and 4th St Limited Retail Competition - the Only Dollar Store Within 10 Miles
- Backed by Dollar General's Corporate Guarantee, an Investment-Grade Retailer Operating Over 21,000 Locations Nationwide
Executive Summary
Known as America's neighborhood store, Dollar General is one of the nation's largest discount retailers. The stores offer products from food, health and beauty, houseware, and more from popular brands at everyday low prices. The store is also known for their convenient locations, often catering to customers in rural or suburban areas. The company has been committed to its mission of Serving Others since 1939, and continues to prioritize value and convenience.
Dollar General proudly boasts a strong commitment to community engagement, fostering robust connections with the areas it operates in. Through consistent support for local initiatives and charities, Dollar General endeavors to make a meaningful, positive impact in the neighborhoods surrounding its stores. This dedication to being a responsible corporate entity underscores Dollar General's philosophy of being more than just a retail establishment - it is about being an active and caring participant in the communities that have warmly embraced the brand. As Dollar General continues to grow and expand, this commitment remains at the core, affirming that being a good neighbor is an intrinsic part of their business model, just as much as offering quality products at unbeatable prices.
Dollar General proudly boasts a strong commitment to community engagement, fostering robust connections with the areas it operates in. Through consistent support for local initiatives and charities, Dollar General endeavors to make a meaningful, positive impact in the neighborhoods surrounding its stores. This dedication to being a responsible corporate entity underscores Dollar General's philosophy of being more than just a retail establishment - it is about being an active and caring participant in the communities that have warmly embraced the brand. As Dollar General continues to grow and expand, this commitment remains at the core, affirming that being a good neighbor is an intrinsic part of their business model, just as much as offering quality products at unbeatable prices.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
9,100 SF
Year Built
2026
Price
$2,017,550
Price Per SF
$221.71
Cap Rate
6.80%
NOI
$137,193
Percent Leased
100%
Building Height
1 Story
Not walkable
10/100
Exceptionally drivable
100/100
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Dollar General | Hwy 175 4th St
