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Spirit Lake, IA NNN Properties for Sale

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NNN Furniture Retail Investment
Updated: Jul 10
NNN Furniture Retail Investment

2502 17th Street, Spirit Lake, IA 51360

$3,911,000
Fee‑simple NNN leased furniture retail property in Spirit Lake, Iowa
Built in 1984
Long‑term lease with Furniture Mart USA, Inc. through June 2031, with four (5‑year) renewal options
NNN lease structure with limited landlord responsibilities
Shared capital expense structure: 1/3 tenant and 2/3 landlord for major roof, HVAC, and parking lot replacements
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spirit Lake, 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.

Stabilized Retail Strip Center
Stabilized Retail Strip Center

511 Holly Ln, Mankato, MN 56001

$3,490,000

Retail strip center in Mankato, MN with NNN leases.

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Sioux Falls Office Building For Sale
Sioux Falls Office Building For Sale

5002 S Broadband Ln, Sioux Falls, SD 57108

$3,925,000
13,434 sqft

NNN leased office building in established business park.

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Mister Car Wash Investment Opportunity
Mister Car Wash Investment Opportunity

1541 Madison Avenue, Mankato, MN 56001

Contact for pricing

Net leased Mister Car Wash in Mankato's primary retail corridor.

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Chick-Fil-A Ground Lease Opportunity
Chick-Fil-A Ground Lease Opportunity

4005 W 41st St, Sioux Falls, SD

$3,125,000
4,995 sqft 6.97 AC lot

20-year NNN lease with high-performing Chick-Fil-A.

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Spirit Lake, IA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Spirit Lake, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,911,000.

Sale prices for triple net lease properties in Spirit Lake, IA start at $3,911,000, averaging $3,911,000, and reaching up to $3,911,000 — 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 8,561
Population Growth (5Y) +4.7%
Median Household Income $77,464
College Educated 44.0%

Taxes & Financing

Tax Rate (average for all types) 1.70%
Property Tax per SF $16.92 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Dickinson County

New Delisted

Total CRE Inventory on Market (SF)

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