Dollar Tree NNN Retail
For Sale
Contact for pricing
801 Laurel Street, Creston, IA 50801
Built-to-suit retail building with a modified triple-net lease and renewal options.
Property Size8,000 SF
Price / SF$150
Days on Market142
Property Features for 801 Laurel Street
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$90,000
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2016
Buildings
1
Tenancy
Single
Listing Agency:
ParaSell Inc
(317) 218-5329
Listed By:
Scott Reid · License #WA - 21245
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: May 26 at 9:20AM
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 ParaSell Inc
Investment Insights
Based on property information with market context.
This 8,000-square-foot retail building was completed in 2016 as a build-to-suit for Dollar Tree. The property is subject to an original 10-year modified triple-net lease under which the tenant handles real estate taxes, common area maintenance, insurance, and HVAC maintenance and replacement. Landlord responsibilities include the roof, structure, and HVAC replacement.
The base lease expires August 31, 2026, with 4.5 years remaining and two available five-year renewal options. Each option includes a rent increase. The property is an outparcel to a Walmart Supercenter and is accessible from U.S. Route 34. Supertel Inn & Suites and Super 8 are nearby, while Tractor Supply and Hardee’s are adjacent. Additional nearby retailers include McDonald’s, Dollar General, First National Bank, Casey’s General Store, Subway, and Dairy Queen.
The base lease expires August 31, 2026, with 4.5 years remaining and two available five-year renewal options. Each option includes a rent increase. The property is an outparcel to a Walmart Supercenter and is accessible from U.S. Route 34. Supertel Inn & Suites and Super 8 are nearby, while Tractor Supply and Hardee’s are adjacent. Additional nearby retailers include McDonald’s, Dollar General, First National Bank, Casey’s General Store, Subway, and Dairy Queen.
Key Highlights
- 8,000‑square‑foot building completed in 2016 as a Dollar Tree build‑to‑suit
- Original 10‑year modified triple‑net lease with 4.5 years remaining
- Lease expiration is August 31, 2026
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
134k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Superstores 28%
Home Improvements & Furnishings 14%
Shops & Services 12%
Walmart
Superstores
37,260 visits/mo
0.1 miles
McDonald's
Dining
16,219 visits/mo
0.3 miles
Hy-Vee
Groceries
13,250 visits/mo
0.4 miles
Bomgaars
Home Improvements & Furnishings
11,927 visits/mo
0.4 miles
Hardee's
Dining
7,776 visits/mo
0.2 miles
Demographics for 50801, IA
9,245
Population
4,566
Households
2
Avg Household Size
41
Median Age
26%
College-Educated
95%
High-School Grad
207.2 sq mi
ZIP Area
45
Density / Sq Mi
$55,453
Median Household Income
$35,522
Median Earnings
$676
Median Rent
$120,700
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 - Built-to-suit retail building with a modified triple-net lease and renewal options.
Where is this nnn property located?
The property is located at 801 Laurel Street Creston, IA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8,000‑square‑foot building completed in 2016 as a Dollar Tree build‑to‑suit; Original 10‑year modified triple‑net lease with 4.5 years remaining; Lease expiration is August 31, 2026
