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3356 Main St
Keokuk, IA 52632
Taco Bell: Brand New 20 Year Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
About 3356 Main St , Keokuk, IA 52632
Taco Bell has a brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years and two 5-year renewal options. The tenant, KBP Investments, LLC dba. KBP Foods is a 720+ unit operator that encompasses all restaurant locations in 23 states and will generate sales in excess of $800 million in 2019. This asset has new high-quality build-to-suit construction of Taco Bell’s newest “Explorer” prototype in 2018 and reported sales are at an attractive 8.00% rent-to-sales ratio! Taco Bell is located in Keokuk, Iowa on a pad-site to Walmart Supercenter with excellent drive-by visibility and access. Nearby retailers include: Dollar Tree, Hy-Vee, ALDI, Gordmans, Ace Hardware, Farm & Home Supply, Goodwill, Hibbett Sports, O’Reilly Auto Parts, AutoZone, US Cellular, Walgreens, Plaza Theatres, etc. The subject location is less than 1 mile from Southeastern Community College Keokuk (enrollment of 273) and less than 2 miles from UnityPoint Health Keokuk (49 beds). *In Association with Iowa Local Broker: Jessica Zahn Gibson, CIA Brokerage Company #B76284000
PROPERTY TAXES
| Parcel Number | 04-45-21-23-100-0530 | Improvements Assessment | $577,680 |
| Land Assessment | $222,000 | Total Assessment | $799,680 |
PROPERTY TAXES
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