Dollar Tree NNN
For Sale
Contact for pricing
501 17th St SE, Independence, IA 50644
Single-tenant retail investment with a structured NN lease and limited landlord obligations.
Property SizeContact for details
Days on Market145
Property Features for 501 17th St SE
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
2017
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Robert Bender · License #MI 6501323470
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 12:51AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
This single-tenant NNN property is occupied by Dollar Tree in a building constructed in 2017. The lease provides a seven-year NN term and places minimal responsibility on the landlord. Four additional five-year option periods are included, with scheduled rent escalations during each option period.
The property is located on a major regional traffic artery in Independence and sits one mile southeast of Walmart, which serves as a shadow anchor. A 20-year transferable roof warranty is available upon sale, providing documented coverage for a major building component.
The property is located on a major regional traffic artery in Independence and sits one mile southeast of Walmart, which serves as a shadow anchor. A 20-year transferable roof warranty is available upon sale, providing documented coverage for a major building component.
Key Highlights
- Dollar Tree occupies the 2017‑constructed retail building
- Seven‑year NN lease with minimal landlord responsibility
- Four additional five‑year option periods
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
115k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 37%
Shops & Services 33%
Dining 14%
Groceries 10%
Walmart
Superstores
42,367 visits/mo
0.2 miles
Independence #4
Shops & Services
28,425 visits/mo
0.2 miles
McDonald's
Dining
16,196 visits/mo
0.1 miles
Fareway
Groceries
10,995 visits/mo
0.1 miles
Dollar Tree
Shops & Services
8,347 visits/mo
0.1 miles
Demographics for 50644, IA
8,795
Population
3,921
Households
2.2
Avg Household Size
42
Median Age
24%
College-Educated
96%
High-School Grad
145.0 sq mi
ZIP Area
61
Density / Sq Mi
$79,861
Median Household Income
$41,689
Median Earnings
$770
Median Rent
$174,000
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 - Single-tenant retail investment with a structured NN lease and limited landlord obligations.
Where is this nnn property located?
The property is located at 501 17th St SE Independence, IA.
What are key features of this property?
This property features: Dollar Tree occupies the 2017‑constructed retail building; Seven‑year NN lease with minimal landlord responsibility; Four additional five‑year option periods
