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Freestanding Dollar General Store
For Sale
$540,000

420 East Main Street, Sac City, IA 50583

NN+ leased Dollar General store in Sac City, Iowa.

Property Size9,014 SF
Lot Size1.31 Acres
Price / SF$59.91
Days on Market152

Property Features for 420 East Main Street

General Information

Standard status Active
Size 9,014 SF
Lot size 1.31 Acres
Property subtype Retail
Listing Agency: CBRE
Listed By: Michael Smith · License #S43822000
Source: Cbre
Added: Mar 25 Changed: Aug 23 Last Checked: Aug 23 at 5:25AM

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 CBRE

Investment Insights

Based on property information with market context.

The property is a freestanding 9,014 square foot build-to-suit building situated on 1.31 acres. It is located on Main/255th Street, just south of Highway 20 in Sac City, Iowa. The property is occupied by Dollar General, which has been at this location since the building was new in 2004. The property is secured with a recently renewed NN+ lease, which includes percentage rent and minimal landlord responsibilities. The tenant reimburses the landlord for property taxes and parking lot maintenance. The store is highly visible and located just west of downtown Sac City. Dollar General is a leading small community discount store with $38.7 billion in annual sales in 2023.

Key Highlights

  • NN+ lease offers percentage rent and keeps landlord responsibilities minimal.
  • Tenant covers property taxes and parking lot maintenance.
  • Dollar General: Nation's leading small community discount store with $38.7B in 2023 sales.

Property Analytics

Current Use

Sac County Abstract ... Title Company Green Real Estate ... Trade Show Venue FedEx OnSite Postal Service Western Union Bank Dollar General (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Repair Shop Building Supply Auto Parts Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

203
Businesses Nearby
Balanced
Demand for This Use

Demographics for 50583, IA

2,642
Population
1,374
Households
1.9
Avg Household Size
47
Median Age
24%
College-Educated
92%
High-School Grad
115.6 sq mi
ZIP Area
23
Density / Sq Mi
$63,967
Median Household Income
$42,679
Median Earnings
$620
Median Rent
$129,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - NN+ leased Dollar General store in Sac City, Iowa.
Where is this grocery and convenience store located?
The property is located at 420 East Main Street Sac City, IA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: NN+ lease offers percentage rent and keeps landlord responsibilities minimal.; Tenant covers property taxes and parking lot maintenance.; Dollar General: Nation's leading small community discount store with $38.7B in 2023 sales.
More about this property
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