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200 East South St Mount Ayr, IA 50854

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For Sale
$634,724

7,200 SF building occupied by Dollar General.

Property size:
7,200 SF

Property Features for 200 East South St

General Information

Standard status
Active
Size
7,200 SF

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Listing Contact
David Eckley
Source: Cbre

Listing Agent: David Eckley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Freestanding Retail Building in Iowa

The subject property is a freestanding 7,200 SF building located in Mount Ayr, Iowa. Situated along Hwy-169 in the center of town, the property has been occupied by Dollar General since its construction in 2002. The tenant recently extended its lease for an additional 6 years, demonstrating a commitment to the location. Roof sealing was completed in 2024, and the parking lot has been recently improved. The lease includes two remaining 5-year extension options with 10% increases. The tenant participates in a National Insurance Program, paying insurance directly and is responsible for minor repairs less than $1000 per occurrence. Dollar General reimburses in full for taxes.
Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Hy-Vee Grocery Store

Location Insight

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  • Local Demand
City
Mount Ayr
County
Ringgold
State
Iowa
Longitude
-94.236253
Latitude
40.711044

FAQs

What type of property is this?
Grocery and convenience store - 7,200 SF building occupied by Dollar General.
Where is this grocery and convenience store located?
The property is located at 200 East South St Mount Ayr, IA.
What is the asking price?
The asking price for this property is $634,724.
What are key features of this property?
This property features: - Long-term lease with Dollar General, recently extended for 6 years, indicating a stable investment.; - Strategic location on Hwy-169 in the center of Mount Ayr, Iowa.; - Tenant (Dollar General) reimburses property taxes in full.
More about this property
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