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814 Superior St

17,920 SF 47% Leased Retail Building Webster City, IA 50595 $700,000 ($39/SF) 9.04% Cap Rate

Investment Highlights

  • Subject is Part of a Dollar General Portfolio (contact listing agent for portfolio details)

Executive Summary

Approximately 8,400 SF of the building is leased to Dollar General with the remaining
9,520 SF available for lease.

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
$700,000
Price Per SF
$39
Cap Rate
9.04%
NOI
$63,291
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 FT 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. The property is located on the northeast corner of Division and Superior Streets in downtown Webster City. 8400 SF occupied by Dollar General. Lease expires 2031.

MAJOR TENANTS

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

At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their 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.

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
  • Outparcel
  • Now

9,520 SF space adjacent to well established Dollar General. Perfect for retail, storage, medical or office use.

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

Superior

Size
9,520 SF
Space Use
Retail
Position
Outparcel
Available
Now

Superior

Size 9,520 SF
Space Use Retail
Position Outparcel
Available Now

9,520 SF space adjacent to well established Dollar General. Perfect for retail, storage, medical or office use.

Nearby Major Retailers

Snap Fitness
Scooter's Coffee
Hy-Vee

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
40-88-25-06-111005
Land Assessment
$124,340
Improvements Assessment
$256,500
Total Assessment
$380,840
  • Listing ID: 17587974

  • Date on Market: 10/30/2019

  • Last Updated:

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

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