Entity Owned Property summary
This exceptional investment opportunity presents a 25,178 square foot Family Dollar Tree and Dollar General store located on a 4.93-acre corner lot at the intersection of Hwy 4 and Hwy 59 in Cherokee, Iowa. The property boasts a strong 7.75% cap rate and a substantial net operating income (NOI) of $128,155. Secured by an investment-grade tenant (S&P: BBB), the property features a 10-year net-net lease with approximately 8.2 years remaining, commencing January 31, 2023, and expiring January… 31, 2033. The lease includes five, 5-year options with $0.50/SF rent increases during each option period. The tenant, a Fortune 500 company, is responsible for most operating expenses, including routine parking lot maintenance, landscaping, HVAC, insurance, taxes, and utilities. Landlord responsibilities are limited to roof, structure, and parking lot. The property benefits from its strategic location in Cherokee, the county seat, near Western Iowa Tech College, a Hy-Vee distribution center, and Cherokee Regional Medical Center. Cherokee enjoys proximity to Sioux City, Iowa's fourth-largest city, offering a robust regional economy supported by multiple colleges, a major airport, and numerous national retailers. This prime location ensures high visibility and strong tenant performance, making it an attractive investment opportunity with significant long-term potential. The property was built in 2015 and underwent renovations in 2023.
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 · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
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 recorded sales · 6 properties nearbyComparable nearby
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
Price sensitivity
The rate is the decision lever; valuation is the consequence.
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.
Registration is required before any owner information is shown.
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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
