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Dollar General 209 Moorehead Ave

11,821 SF 100% Leased Retail Building Ida Grove, IA 51445 £413,140 (£35/SF) 13.67% Net Initial Yield

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
Tenants option to buy property
Property Type
Retail
Property Subtype
Storefront
Building Size
11,821 SF
Year Built
1959
Price
£413,140
Price Per SF
£35
Net Initial Yield
13.67%
NOI
£56,472
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
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 £259,147
Land Assessment £63,252 Total Assessment £322,399

PROPERTY TAXES

Parcel Number
18-06-1402
Land Assessment
£63,252
Improvements Assessment
£259,147
Total Assessment
£322,399
(515) 975-1112

Contact

  • Listing ID: 33070700

  • Date on Market: 05/09/2024

  • Last Updated:

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

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© 2024 CoStar Group

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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