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Dollar General 209 Moorehead Ave

11,821 SF 100% Leased Retail Building Ida Grove, IA 51445 $519,400 ($44/SF) 13.67% Cap Rate

Storefront Properties Iowa Ida Grove 209 Moorehead Ave, Ida Grove, IA 51445

Investment Highlights

  • This building includes a 9,100 SF former Dollar General (leased through October 2025) together with an actively leased 2,288 SF office space
  • The building, which now contains both retail and office space, is a former grocery store that was remodeled to accommodate Dollar General
  • Located just off Hwy 175/US 59 in the heart of Ida Grove

Attachments

209 Moorehead Avenue

Property Facts

Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
11,821 SF
Year Built
1959
Price
$519,400
Price Per SF
$44
Cap Rate
13.67%
NOI
$70,997
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.92 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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PROPERTY TAXES

Parcel Number 18-06-1402 Improvements Assessment $325,800
Land Assessment $79,520 Total Assessment $405,320

PROPERTY TAXES

Parcel Number
18-06-1402
Land Assessment
$79,520
Improvements Assessment
$325,800
Total Assessment
$405,320
(515) 975-1112

Contact

  • Listing ID: 33070700

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 209 Moorehead Ave, Ida Grove, IA 51445

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Dollar General | 209 Moorehead Ave
(515) 975-1112 x

Dollar General | 209 Moorehead Ave

Michael Smith

(515) 975-1112

(515) 975-1112

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