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Spirit Lake, IA NNN Properties for Sale

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Orleans, IA Arnolds Park, IA Wahpeton, IA Milford, IA West Okoboji, IA Jackson, MN Terril, IA Lake Park, IA
Drive-Through Restaurant Building
Updated: Aug 13
Drive-Through Restaurant Building

2209 Circle Drive W, Spirit Lake, IA 51360

$650,000
3,569 sqft 1.40 AC lot
1.4‑acre level site at the corner of Highways 71 and 9
3,569‑square‑foot restaurant building constructed in 1979
Drive‑through with commercial hood, walk‑in cooler, and walk‑in freezer
Over 5,000 vehicles pass by each day
Large paved parking lot
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See what stands out in Dickinson 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.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
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.

Triple Net Leased Retail Building
Triple Net Leased Retail Building

1601 W 41st Street, Sioux Falls, SD 57105

Contact for pricing
90,585 sqft

Single-tenant, absolute triple net Shopko property on a signalized intersection with long-term lease in place.

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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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Mammoth Car Wash
Mammoth Car Wash

1620 S Sycamore Ave, Sioux Falls, SD 57110

Contact for pricing

Operational car wash property subject to an absolute NNN lease with scheduled annual rent escalations.

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Office Units with Signage
Office Units with Signage

301 Madison Ave, Mankato, MN 56001

Contact for pricing

Office units on Madison Avenue with on-site parking and business signage.

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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 3,569 square feet of properties for sale, with an estimated market value of $650,000.

Sale prices for triple net lease properties in Spirit Lake, IA average $650,000 — 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%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
51360 $650K

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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