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Dollar General 209 Moorehead Ave 11,821 SF 23% Leased Retail Building Ida Grove, IA 51445 $655,629 CAD ($55.46 CAD/SF) 12.65% 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
- $7.31 CAD
- Triple Net
- Apr 2027
Dollar General began in 1939 as J.L. Turner and Son, a family business rooted in Scottsville, Kentucky, and later adopted the Dollar General name as the business expanded. The company built its model around small-box discount retailing and a simple mission centered on serving customers with affordable products and services. The company offers food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, sold through Dollar General, DG Market, DGX, pOpshelf, and Mi Súper Dollar General formats. Dollar General also sells products online and combines private brands with widely recognized national brands across a broad consumer mix.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | 2,288 SF | $7.31 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
| Size | 9,100 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Property Taxes
| Parcel Number | 18-06-1402 | Improvements Assessment | $261,290 CAD |
| Land Assessment | $88,473 CAD | Total Assessment | $349,763 CAD |
Property Taxes
Presented by
Dollar General | 209 Moorehead Ave
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