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814 Superior St 17,920 SF 47% Leased Retail Building Webster City, IA 50595 $1,153,450 CAD ($64.37 CAD/SF) 7.90% Cap Rate

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Investment Highlights

  • Investment Opportunity
  • 8,400 SF Leased by Dollar General thru 5/31/2031

Executive Summary

The subject property is a 17,920 SF building in Webster City, Iowa. The property is well located on the northeast corner of Division and Superior Streets in downtown Webster City. Approximately 8,400 SF of the building is leased to Dollar General with the remaining 9,520 SF available for lease.

Attachments

For Sale

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
17,920 SF
Building Class
C
Year Built
1955
Price
$1,153,450 CAD
Price Per SF
$64.37 CAD
Cap Rate
7.90%
NOI
$91,110 CAD
Percent Leased
47%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Frontage
130’ on Superior St

Amenities

  • Air Conditioning

About 814 SUPERIOR ST , WEBSTER CITY, IA 50595

The subject property is a 17,920 SF building in Webster City, Iowa and is located on the northeast corner of Division and Superior Streets in downtown Webster City. 8,400 SF Leased by Dollar General thru 5/31/2031. Subject is Part of a Dollar General Portfolio (contact listing agent for portfolio details). Financials Available Upon Receipt of Signed Confidentiality Agreement.

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 8,400 SF
  • -
  • Triple Net
  • May 2031

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 8,400 SF - Triple Net May 2031

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Superior
  • 9,520 SF
  • Retail
  • End Cap
  • Now

9,520 SF corner end cap space available for lease, adjacent to well established Dollar General. Perfect for retail, storage, medical or office use. Located on the NEC of Division and Superior Street in downtown Webster City, Iowa.

Space Size Space Use Position Available
Superior 9,520 SF Retail End Cap Now

Superior

Size
9,520 SF
Space Use
Retail
Position
End Cap
Available
Now

Superior

Size 9,520 SF
Space Use Retail
Position End Cap
Available Now

9,520 SF corner end cap space available for lease, adjacent to well established Dollar General. Perfect for retail, storage, medical or office use. Located on the NEC of Division and Superior Street in downtown Webster City, Iowa.

Nearby Major Retailers

Snap Fitness 24/7
Scooter's Coffee
Fareway Meat & Grocery
Hy-Vee

Property Taxes

Property Taxes

Parcel Number
40-88-25-06-111005
Land Assessment
$168,617 CAD
Improvements Assessment
$401,351 CAD
Total Assessment
$569,969 CAD
  • Listing ID: 17587974

  • Date on Market: 2019-10-30

  • Last Updated:

  • Address: 814 Superior St, Webster City, IA 50595

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