150 SE Alices Rd - Restaurant FOR SALE
Waukee, IA 50263 |
150 SE Alices Rd
Waukee, IA 50263
HIGHLIGHTS
- Positioned within the Des Moines MSA – Ranked #82 in the United States for population size » Absolute NNN – No landlord responsibilities.
- 13+ years remaining on the primary lease term » Significant 14% rental escalation in February 2029 » 2019 build-to-suit construction for IHOP
- Affluent Area - $166,000+ average household income within three miles » Located just off Hickman Road (28,500 VPD)
- Outparcel to the new 62-acre Waukee Towne Center retail development » Within walking distance of the 459-unit Brick Towne at Prairie
- » Dense retail corridor with major retailers – Hy-Vee, ALDI, Ford/ Lincoln, Starbucks, Chase Bank, Chipotle, McDonald’s, Culver’s,
- Caribou Coffee, Hawaiian Bros, Slim Chickens, & many others » Over 99,000 people live within a five-mile radius
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
IHOP
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
5000
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
41
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
12-34-229-002
