

Dollar General - Humboldt IA
Retail | 10,566 SqFt
Marketing description
Introducing the Dollar General Property in Humboldt, IA at TBD 10th Ave N - a prime investment opportunity offering a 6.6% CAP rate. This newly developed site features a 15-year Absolute NNN lease, translating to zero landlord responsibilities. With a strong corporate guaranty from Dollar General Corporation, operating 20,000+ locations nationwide, this property provides a secure investment option. Situated on 2 acres with a 10,566 SF building area, Dollar General boasts a highly visible frontage on Humboldt's busiest thoroughfare. The strategic location ensures limited retail competition, making it the sole dollar store within a 15-mile radius. Rent commences in July 2026 with 5% rent increases every five years throughout the primary term and renewal options. The property also features exclusive benefits such as reimbursed property taxes, tenant-covered insurance, and maintenance obligations. Don't miss out on this lucrative investment opportunity in Humboldt! **Contact for more information.**
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