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400 Senate Ave
Red Oak, IA 51566

KFC/Taco Bell Absolute NNN Lease · Retail Property For Sale

Investment Highlights

  • Long Term Absolute NNN Lease - Zero Landlord Obligations
  • Across from Red Oak High School and Southwestern Community College
  • Located on a Major Commercial Thoroughfare
  • Annual Increases in Rent
  • Right off of Highway 34
  • 340+ Unit Operator - Franchise Management Inc. (FMI) is one of the largest Pizza Hut, KFC and Taco Bell franchise operators in North America

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,149 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
1.35 AC
Zoning
Commercial
Parking
30 Spaces

Amenities

  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
600-62-11-760050-00
Land Assessment
$114,000
Improvements Assessment
$742,390
Total Assessment
$856,390
  • Listing ID: 26461261

  • Date on Market: 8/22/2022

  • Last Updated:

  • Address: 400 Senate Ave, Red Oak, IA 51566

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