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Dollar General 209 Moorehead Ave 11,821 SF 23% Leased Retail Building Ida Grove, IA 51445 $519,400 ($43.94/SF) 11.44% Cap Rate
INVESTMENT HIGHLIGHTS
- Building Size: 11,388 SF
- Year Built: 1959 / Remodeled 2006
- Lot Size: 40,208 SF
- Owner Financing may be considered
EXECUTIVE SUMMARY
The 11,388 SF building is situated just off Hwy 175/US 59 in the center of Ida Grove. Originally a grocery store, it was renovated for Dollar General. The office space is leased to Iowa State Extension, providing a reliable income stream for an owner/user or supplemental income for a buyer willing to find new tenants.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 2,288 SF
- $5.24
- Triple Net
- Apr 2027
DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 2,288 SF | $5.24 | Triple Net | Apr 2027 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
| Space | Size | Space Use | Position | Available |
| 1 | 9,100 SF | Retail | End Cap | Now |
1
| Size |
| 9,100 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1
| Size | 9,100 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
PROPERTY TAXES
| Parcel Number | 18-06-1402 | Improvements Assessment | $283,320 |
| Land Assessment | $64,080 | Total Assessment | $347,400 |
PROPERTY TAXES
Presented by
Dollar General | 209 Moorehead Ave
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