2209 Circle Dr W - Fast Food FOR SALE


Spirit Lake, IA 51360
$699,000 USD
712-332-8081
2209 Circle Dr W, Spirit Lake, IA for Sale
$699,000 USD
Fast Food - FOR SALE
1/20
null | Request Cap Rate

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2209 Circle Dr W
Spirit Lake, IA 51360


OVERVIEW

For Sale or Lease! An exceptional opportunity in a high-visibility, high-traffic location at the corner of Highways 71 and 9—over 5,000 vehicles pass by each day. This 1.4-acre property sits on level ground between Subway and Super 8. Formerly a national chain restaurant, the building is move-in ready and includes a drive-thru, commercial hood, walk-in cooler and freezer, and a large paved parking lot. Recent improvements include a new roof and furnace. Offered for sale at $699,000 or available for lease at $5,500/month NNN with a minimum five-year term. All existing equipment can be included if desired.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

C

APN/PARCEL ID

07-05-326-059

ASK ABOUT THIS PROPERTY

Michael JensenJensen Real EstateMore Info
712-332-8081

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Michael JensenJensen Real EstateMore Info
712-332-8081

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