Renovated Single-Tenant Storefront
New
For Sale
$450,000
703 W Taylor St, Creston, IA 50801
Occupied by Dollar General with a lease commitment extending through 2031.
Property Size10,352 SF
Lot Size1.31 Acres
Price / SF$43.47
Days on Market2
Property Features for 703 W Taylor St
General Information
Standard status
Active
Size
10,352 SF
Lot size
1.31 Acres
Property subtype
Discount
Occupancy
100%
Lease Type
Gross
Additional Details
Cap Rate
8.88%
Amenities
31-Year Operating History: Dollar General has Operated Continuously at the Property Since 1995
Recently Renovated: The Store Underwent a Significant Renovation in 2024
New Concrete Parking Lot: A New Concrete Parking Lot was Installed in 2021
New Five-Year Lease Term: Dollar General Recently Exercised a Five-Year Renewal Option, Extending the Lease through 2031
Prime Retail Corridor: Located along Creston's Primary Commercial Corridor with Nearby National Retailers including Walmart, Tractor Supply Co., McDonald's, Starbucks, Maurices, Scooter's Coffee and More
Building Details
Building Size
10,352 SF
Year Renovated
2024
Buildings
1
Tenancy
Single
Listed By:
Jon Ruzicka · License #License(s) IA: B63379000
(952) 852-9700
Source:
Marcusmillichap
Added: Sep 12
Last Checked: Sep 13 at 4:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jon Ruzicka
Investment Insights
Based on property information with market context.
This 10,352-square-foot retail building occupies 1.31 acres at 703 W Taylor St. in Creston, Iowa. Dollar General has operated at the property since 1995, with a store renovation completed in 2024. The site also received a new concrete parking lot in 2021, while the roof was replaced in 2012. A recently exercised five-year lease option extends the tenant’s commitment through 2031.
The property sits along Creston’s primary commercial corridor near Walmart, Tractor Supply Co., McDonald’s, Starbucks, Maurices, Scooter’s Coffee, and other national retailers. Creston serves as the county seat of Union County and a regional hub for southwest Iowa, with a trade area supporting retail, healthcare, education, industrial, and service activity.
The property sits along Creston’s primary commercial corridor near Walmart, Tractor Supply Co., McDonald’s, Starbucks, Maurices, Scooter’s Coffee, and other national retailers. Creston serves as the county seat of Union County and a regional hub for southwest Iowa, with a trade area supporting retail, healthcare, education, industrial, and service activity.
Key Highlights
- 10,352‑square‑foot retail building on 1.31 acres
- Dollar General has operated at the property since 1995
- Store renovation completed in 2024
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
136k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Superstores 27%
Shops & Services 14%
Home Improvements & Furnishings 13%
Walmart
Superstores
37,260 visits/mo
0.3 miles
McDonald's
Dining
16,219 visits/mo
0.1 miles
Hy-Vee
Groceries
13,250 visits/mo
0.3 miles
Bomgaars
Home Improvements & Furnishings
11,927 visits/mo
0.3 miles
Hardee's
Dining
7,776 visits/mo
0.1 miles
Demographics for 50801, IA
9,245
Population
4,566
Households
2
Avg Household Size
41
Median Age
26%
College-Educated
95%
High-School Grad
207.2 sq mi
ZIP Area
45
Density / Sq Mi
$55,453
Median Household Income
$35,522
Median Earnings
$676
Median Rent
$120,700
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Occupied by Dollar General with a lease commitment extending through 2031.
Where is this storefront property located?
The property is located at 703 W Taylor St Creston, IA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 10,352‑square‑foot retail building on 1.31 acres; Dollar General has operated at the property since 1995; Store renovation completed in 2024
