Property summary
This exceptional investment opportunity presents a brand-new, 10,000-square-foot Dollar Tree store in Cresco, Iowa. Built in 2023, the property boasts a strong 7.25% cap rate and a substantial net operating income (NOI) of $139,500. The property is situated on a 0.82-acre lot at 612 2nd Ave SW, 52136, in a high-traffic retail corridor with numerous national and local businesses. The single-tenant, net lease (NNN) agreement with Dollar Tree features a remaining lease term of approximately 9.3… years, commencing March 3, 2024, and expiring February 27, 2034. The lease includes five, five-year renewal options with scheduled rent increases (excluding the first option). The landlord is responsible for roof and structure maintenance, while the tenant covers all other expenses, including common area maintenance, taxes, and insurance. Dollar Tree, a publicly traded company (NASDAQ: DLTR) with an S&P rating of BBB-, has demonstrated consistent growth and profitability, further solidifying this investment's appeal. The asking price is $1,924,137, translating to $13.95 per square foot. This is a rare opportunity to acquire a high-performing, low-risk retail investment with a nationally recognized tenant and a long-term lease. The property's location in a thriving retail area ensures consistent customer traffic and strong rental income potential. The build-to-suit construction in 2023 guarantees a modern and well-maintained facility.
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
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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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