Dollar General NNN
For Sale
Contact for pricing
1506 East Washington Street, Washington, IA 52353
NNN asset leased to Dollar General with a defined extension option.
Property SizeContact for details
Days on Market145
Property Features for 1506 East Washington Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
InCommercial Inc
Listed By:
Sam Derse · License #475127324
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 5:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of InCommercial Inc
Investment Insights
Based on property information with market context.
This NNN property is associated with Dollar General and includes approximately 7,000 square feet of retail space. The existing lease remains in place through March 31, 2022, followed by one three-year option period.
The asset is located at 1506 East Washington Street in Washington, Iowa. An 8.25% cap rate is reported for the property, providing a defined metric for evaluating the offering.
The asset is located at 1506 East Washington Street in Washington, Iowa. An 8.25% cap rate is reported for the property, providing a defined metric for evaluating the offering.
Key Highlights
- Dollar General tenant
- Approximately 7,000 SF of retail space
- Lease term runs through 3/31/2022
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Home Improvements & Furnishings 14%
Dining 13%
Electronics 4%
Washington #3
Shops & Services
13,067 visits/mo
0.1 miles
Dollar Tree
Shops & Services
6,356 visits/mo
0.4 miles
BP
Shops & Services
5,862 visits/mo
0.1 miles
Ace-N-More
Home Improvements & Furnishings
5,749 visits/mo
0.3 miles
Pizza Ranch
Dining
5,307 visits/mo
0.4 miles
Demographics for 52353, IA
9,416
Population
3,995
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
157.4 sq mi
ZIP Area
60
Density / Sq Mi
$63,232
Median Household Income
$36,062
Median Earnings
$912
Median Rent
$155,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - NNN asset leased to Dollar General with a defined extension option.
Where is this nnn property located?
The property is located at 1506 East Washington Street Washington, IA.
What are key features of this property?
This property features: Dollar General tenant; Approximately 7,000 SF of retail space; Lease term runs through 3/31/2022
