Property summary
This exceptional investment opportunity presents a fee-simple, 10,640 square-foot Dollar General store in Sioux Rapids, Iowa. Built in 2024, the property boasts a 14-year remaining lease term (commencing November 9, 2023, and expiring November 30, 2038) with an absolute NNN lease structure, eliminating landlord responsibilities. The property enjoys a 7.00% cap rate and a strong corporate guarantee from Dollar General. Situated on a 0.97-acre lot at 300 US-71, this strategically located store… benefits from high visibility along a major highway, with approximately 4,500 vehicles passing daily. The lease includes attractive 5% annual rent increases throughout the primary term and option periods. The current annual net operating income (NOI) is $127,312, translating to a price per square foot of $170.94. This single-tenant property offers a secure, passive income stream with significant long-term growth potential. The property is a convenience store, grocery store, and storefront, serving as the only convenience store in Sioux Rapids, fulfilling a crucial retail need for the community. The asking price is $1,818,754. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a blue-chip tenant.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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