208 Johnson Ct | Des Moines, IA 50316
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- LoopNet Team
208 Johnson Ct
Des Moines, IA 50316
ARBY'S - DES MOINES, IA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 5 Years Remaining on Absolute NNN Lease - Tenant just Exercised Its Second Renewal Option in March 2022!
- Multiple New Arby’s Locations Planned Over the Next 7 Years! Entity on Lease Compasses All Restaurant Locations!
- SEASONED SALES LOCATION: Successfully Open & Operating for Decades with a 10.9% Rent-to-Sales Ratio
- DRM, Inc. (One of the Largest Arby’s Franchisee in the U.S.) Currently has 97 Locations in Illinois, Iowa, Nebraska, Wisconsin, Minnesota & Missouri
- Positioned on a Large 1.478-Acre Parcel with Excellent Visibility and Access on Johnson Ct where Traffic Counts Exceed 25,040 CPD!
- 2021 DEMOGRAPHICS (5-MI): Total Population: 200,094 | Average Household Income: $73,340
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,080 SF
Building Class
C
Year Built/Renovated
1990/2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.47 AC
Zoning
C-2 - Commercial
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 040-03278002000 | Improvements Assessment | $799,900 |
| Land Assessment | $621,100 | Total Assessment | $1,421,000 |
PROPERTY TAXES
Parcel Number
040-03278002000
Land Assessment
$621,100
Improvements Assessment
$799,900
Total Assessment
$1,421,000
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