Listed by CBRE - Des Moines
$469,400
209 Moorehead Avenue
Details
Property Type Office, Retail
Sub Type Convenience Store, Traditional Office
Square Footage 11,388
Net Rentable (SqFt) 9,100
Units 2
Cap Rate 11.30%
Occupancy 100%
Tenancy Multi
Brand/Tenant Dollar General
Lease Type Gross
Class C
Year Built 1959
Year Renovated 2006
Buildings 1
Stories 1
Lot Size (SqFt) 40,208
11,388 SF Retail/Office Space For Sale or Lease in Ida Grove, IA
Marketing description
This property features a 9,100 SF former Dollar General (leased until October 2025) and a currently leased 2,288 SF office space. It is available for sale, with the option to lease the larger area as well.
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.
Investment highlights
Building Size: 11,388 SF
Lot Size: 40,208 SF
Year Built: 1959 / Remodeled 2006
Lease Space: 9,100 SF
Owner Financing may be considered
Listing Contacts
Listed by CBRE - Des Moines
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