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3007 S Center St
Marshalltown, IA 50158

$1,417,000 USD

Fast Food For Sale  •  2,882 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 520 SF
  • Lot Size 1.21 AC
  • Building Class B
  • Year Built 2026
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning GC
17 Transit Score
47 Walk Score

Highlights

New-Construction Single-Tenant 7 Brew Coffee on Large 1.21-Acre Parcel:
New 15-Year Absolute NNN Ground Lease
3% Annual Increases During the Base Term and Each of the Five 5-Year Option Periods; Highest Annual Increases of All 7 Brews Currently on Market
The 3% Annual Increases Create an Additional $430,000 of Capitalized Value at the End of the Lease Term When Compared to the Standard 7 Brew Deal
7.44% Average Cap Rate Over the Primary Term
Lease Is Guaranteed by Experienced Multi-Unit Operators (145+ Units Between the Operators, Collectively)
Cap Rate: 6.00 %

Amenities

  • Drive Thru
Jeff Lefko 844-585-7682 Hanley Investment Group
Jeff Lefko 844-585-7682 Hanley Investment Group