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3010 Main St
Keokuk, IA 52632

KFC · Retail Property For Sale

Investment Highlights

  • 4,400 Square Foot Building Located on 1.08 Acres of Land
  • Drive Thru Equipped
  • 6.5 Years Remaining On Current Lease Term with Four,Five Year Options to Renew
  • Absolute NNN Lease with ZERO Landlord Responsibilities
  • Rental Increases in Year Six of the Lease and in Each Option Period
  • Located Near Other High Quality Tenants IncludingDairy Queen, Pizza Hut, Taco Bell, etc.

Executive Summary

4,400 Square Foot Building Located on 1.08 Acres of Land
Absolute NNN Lease with ZERO Landlord Responsibilities
Drive Thru Equipped
Rental Increases in Year Six of the Lease and in Each Option Period
6.5 Years Remaining On Current Lease Term with Four, Five Year Options to Renew
Located Near Other High Quality Tenants Including Dairy Queen, Pizza Hut, Taco Bell, etc.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,400 SF
Building Class
C
Year Built
1989
Price
$797,168
Price Per SF
$181
Cap Rate
5.65%
NOI
$45,040
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.08 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
54 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04-45-21-23-254-0050
  • 04-45-21-23-401-0170
  • 04-45-21-23-254-0070
Land Assessment
$312,000
Improvements Assessment
$506,830
Total Assessment
$818,830
  • Listing ID: 30788990

  • Date on Market: 1/26/2024

  • Last Updated:

  • Address: 3010 Main St, Keokuk, IA 52632

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