Dollar General NNN
For Sale
$1,106,405
211 S Monroe St, Monroe, IA 50170
2018-built retail asset with an absolute NNN lease and corporate tenant guarantee.
Property Size9,220 SF
Days on Market68
Property Features for 211 S Monroe St
General Information
Standard status
Active
Size
9,220 SF
Property subtype
Retail
Building Details
Building Size
9,220 SF
Year Built
2018
Tenancy
Single
Listing Agency:
(515) 975-8225
Listed By:
Mitch Phillips
(515) 975-8225
Source:
Fergusoncres
Added: Jun 25
Changed: Aug 30
Last Checked: Aug 31 at 3:32PM
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 Mitch Phillips
Investment Insights
Based on property information with market context.
Built in 2018, this retail property is occupied under an absolute NNN lease with over 9 years remaining in the current term. The agreement includes 3 (five year) extension options and assigns no landlord responsibilities under the stated lease structure.
Dollar General Corporation provides the corporate guarantee, and the tenant carries a BBB investment-grade credit rating. The property is located at 211 S Monroe St in Monroe, Iowa. Demographic data for the surrounding 5-mile area includes a population of 3,281 and an average household income of $80,051.
Dollar General Corporation provides the corporate guarantee, and the tenant carries a BBB investment-grade credit rating. The property is located at 211 S Monroe St in Monroe, Iowa. Demographic data for the surrounding 5-mile area includes a population of 3,281 and an average household income of $80,051.
Key Highlights
- Absolute NNN lease with over 9 years remaining
- 3 (five year) extension options
- Corporate guarantee by Dollar General Corporation
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Monroe #3
Shops & Services
10,134 visits/mo
0.3 miles
Dollar General
Shops & Services
3,924 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
769 visits/mo
0.2 miles
Demographics for 50170, IA
2,854
Population
1,231
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
99%
High-School Grad
83.2 sq mi
ZIP Area
34
Density / Sq Mi
$86,205
Median Household Income
$51,288
Median Earnings
$772
Median Rent
$193,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - 2018-built retail asset with an absolute NNN lease and corporate tenant guarantee.
Where is this nnn property located?
The property is located at 211 S Monroe St Monroe, IA.
What is the asking price?
The asking price for this property is $1,106,405.
What are key features of this property?
This property features: Absolute NNN lease with over 9 years remaining; 3 (five year) extension options; Corporate guarantee by Dollar General Corporation
