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Dollar General 209 Moorehead Ave 11,821 SF 23% Leased Retail Building Ida Grove, IA 51445 $705,408 CAD ($59.67 CAD/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
This property features a 9,100 SF former Dollar General (leased until October 2025) and a currently leased 2,288 SF office space. It is available for sale, with the option to lease the larger area as well.
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.
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
Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
11,821 SF
Year Built
1959
Price
$705,408 CAD
Price Per SF
$59.67 CAD
Cap Rate
11.44%
NOI
$80,690 CAD
Percent Leased
23%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.92 AC
Opportunity Zone
Yes
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 2,288 SF
- $7.12 CAD
- Triple Net
- Apr 2027
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 2,288 SF | $7.12 CAD | 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 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1
| Size | 9,100 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Property Taxes
| Parcel Number | 18-06-1402 | Improvements Assessment | $257,024 CAD |
| Land Assessment | $87,028 CAD | Total Assessment | $344,053 CAD |
Property Taxes
Parcel Number
18-06-1402
Land Assessment
$87,028 CAD
Improvements Assessment
$257,024 CAD
Total Assessment
$344,053 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Dollar General | 209 Moorehead Ave
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