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2503 5th Ave S
Fort Dodge, IA 50501

$3,442,920 USD

Drugstore For Sale  •  15,120 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 15,120 SF
  • Lot Size 1.4 AC
  • Building Class C
  • Year Built 1999
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning C
20 Transit Score
62 Walk Score

Highlights

Walgreens Corporate Guarantee (NYSE: WBA)
Absolute NNN Lease | Zero Landlord Responsibility
Surrounding Retailers Include - Menards, Hy-Vee, Chik-fil-A, Walmart, Target, Kohl’s, Verizon, McDonald’s, Applebee’s and many more
Located Across From Corridor Plaza | A Transformative Mixeduse Redevelopment Project Featuring Retail, Restaurants, Hotels, and more
Hard-Corner, Signalized Intersection | 17,000 Vehicles Per Day
Fee Simple Allowing for Depreciation

Property Flyers

Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 15,120 SF 1/31/2027

Amenities

  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 46
Type: Surface
Included in Rent: Yes
Ronnie Issenberg 786-522-7013 Marcus & Millichap
Ronnie Issenberg 786-522-7013 Marcus & Millichap