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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.
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
$181.17
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)
Frontage
166’ on Main St
AMENITIES
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $625,770 | |
| Land Assessment | $312,000 | Total Assessment | $937,770 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$312,000
Improvements Assessment
$625,770
Total Assessment
$937,770
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