715 Doris Dr | Evansdale, IA 50707
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This Retail Property is no longer advertised on LoopNet.com.
715 Doris Dr
Evansdale, IA 50707
Burger King · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease with Zero Landlord Responsibilities | Over 17 Years Remaining Lease Term with Two Five-Year Options
- Rental Escalations of 7.5 Percent Every Five Years During Base Term and Options to Hedge Against Inflation
- Situated Near the Corner of Evansdale Dr. and Gilbertville Road with Combined Traffic Count of 11,700 Vehicles Per Day
- Guaranteed by Tasty Kings LLC, a 68-Unit Franchisee/Operator Owned by Tasty Restaurant Group with over 400 Restaurants in 21 States
- Located in Evansdale, Iowa, in the Cedar Falls-Waterloo MSA, Approximately 35 Miles Northeast of Cedar Rapids
- Demographics Include 5,200 People in a Two-Mile Radius and 32,600 People within 5 Mile Radius, with Average Household Income of Over $66,000 Annually
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Restaurant
- General Retail Fast Food
Building Size
3,081 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.28 AC
Zoning
C
Amenities
- Drive Thru
- Air Conditioning
Links
PROPERTY TAXES
Parcel Number | 8812-04-377-006 | Improvements Assessment | $833,120 |
Land Assessment | $342,000 | Total Assessment | $1,175,120 |
PROPERTY TAXES
Parcel Number
8812-04-377-006
Land Assessment
$342,000
Improvements Assessment
$833,120
Total Assessment
$1,175,120
Learn More About Investing in Retail Properties
Listing ID: 28095260
Date on Market: 3/29/2023
Last Updated:
Address: 715 Doris Dr, Evansdale, IA 50707
The Retail Property at 715 Doris Dr, Evansdale, IA 50707 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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