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Central City, IA NNN Properties for Sale

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Dollar General Absolute NNN Lease
Updated: Jun 25
Dollar General Absolute NNN Lease

4 Barber Street, Central City, IA 52214

$1,057,820
Absolute NNN lease with 7 years remaining and five (5) year renewal options
Tenant is Dollar General Corporation with a corporate guarantee and “BBB” investment grade credit rating
Total annual rent is $82,510 with 10% rent increases at each extension option
No landlord responsibilities reported in the listing remarks
Concrete parking lot with ample parking
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See what stands out in Linn County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Central City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Tenant Office Building with Parking
Multi-Tenant Office Building with Parking

4201 Glass Rd NE, Cedar Rapids, IA 52402

$850,000
7,360 sqft 1.50 AC lot

Multi-tenant office building with recent suite updates, roof replacement, and 44-space parking for flexible occupancy.

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Gas Station and Convenience Store
Gas Station and Convenience Store

1203 Blairs Ferry Road NE, Marion, IA 52302

Contact for pricing
4,940 sqft 1.66 AC lot

Built-to-suit facility with fuel, diesel, prepared food, and convenience services under an absolute net lease.

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KFC Drive-Through NNN Property
KFC Drive-Through NNN Property

1925 7th Avenue, Marion, IA 52302

$1,262,000

Absolute net lease investment with scheduled 5% increases and a renovated restaurant building.

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Two-Property NNN Retail Portfolio
Two-Property NNN Retail Portfolio

157 Collins Rd NE, Cedar Rapids, IA 52402

Contact for pricing

Two single-tenant properties feature NNN ground leases and scheduled rental increases during option periods.

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Central City, IA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Central City, IA on our real estate platform.

Sale prices for triple net lease properties in Central City, IA average $1,057,820 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,770
Population Growth (5Y) -22.8%
Median Household Income $83,450
College Educated 27.6%

High-Yield Neighborhoods for Investment

Identify Central City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
52214 $1.1M

Taxes & Financing

Tax Rate (average for all types) 2.28%
Property Tax per SF $25.17 per SF
Tax Rate vs County Average 0.72 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Linn County

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Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Linn County

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