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715 Doris Dr
Evansdale, IA 50707

$1,641,026 USD

Restaurant For Sale  •  3,081 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,081 SF
  • Lot Size 1.28 AC
  • Building Class A
  • Year Built 2020
  • Tenancy Single
  • Zoning C
0 Transit Score
20 Walk Score

Highlights

Located at Exit 68 off US-20/I-380 with 27,000+ vehicles per day and strong drive-thru visibility.
Absolute NNN lease with ±12.5 years remaining, expiring 12/31/2038.
5% rent increases every 5 years with four 5-year renewal options through 2058.
8% percentage rent above sales breakpoint with quarterly and annual financial reporting.
2020 construction representing Burger King's newer store footprint.
Metro anchored by John Deere, Tyson Fresh Meats, and University of Northern Iowa.

Amenities

  • Drive Thru
  • Air Conditioning
Rishi Idnani 909-348-2407 Matthews Real Estate Investment Services
Rishi Idnani 909-348-2407 Matthews Real Estate Investment Services