1501 E Euclid Ave - Fast Food FOR SALE


Des Moines, IA 50313- Campus Park-Wright's Grove
$1,300,000 USD
515-334-3345
1501 E Euclid Ave, Des Moines, IA for Sale
$1,300,000 USD
Fast Food - FOR SALE
1/1
null | 6.7% Cap Rate

1501 E Euclid Ave
Des Moines, IA 50313
Campus Park-Wright's Grove


OVERVIEW

Take advantage of this rare opportunity to own a stabilized single-tenant investment property in a high-visibility location along E Euclid Avenue. The building totals 3,132 square feet and is fully leased under a brand-new 10-year lease term, offering reliable cash flow and long-term tenant stability. Recent capital improvements include a new roof, HVAC system, grease trap, and updated site plan. The drive-thru has also been upgraded with new concrete, enhancing both functionality and curb appeal. Located in a high-traffic corridor with strong surrounding demographics, this property presents a turnkey investment with minimal near-term maintenance needs and a committed tenant in place.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Abelardo's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

M-1

APN/PARCEL ID

110-00554028007

ASK ABOUT THIS PROPERTY

Andrew McCuneStanbrough Realty Company, LLCMore Info
515-334-3345

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Andrew McCuneStanbrough Realty Company, LLCMore Info
515-334-3345

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.