3007 S Center St - Fast Food FOR SALE
Marshalltown, IA 50158 |
$1,417,000 USD
844-585-7682
3007 S Center St
Marshalltown, IA 50158
HIGHLIGHTS
- New-Construction Single-Tenant 7 Brew Coffee on Large 1.21-Acre Parcel:
- New 15-Year Absolute NNN Ground Lease
- 3% Annual Increases During the Base Term and Each of the Five 5-Year Option Periods; Highest Annual Increases of All 7 Brews Currently on Market
- The 3% Annual Increases Create an Additional $430,000 of Capitalized Value at the End of the Lease Term When Compared to the Standard 7 Brew Deal
- 7.44% Average Cap Rate Over the Primary Term
- Lease Is Guaranteed by Experienced Multi-Unit Operators (145+ Units Between the Operators, Collectively)
FOR SALE DETAILS
PRICE
$1,417,000 USD
PRICE/SF
$492 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
7 Brew | Marshalltown, IA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.21 AC
LAND SF
52,708 SF
ZONING
GC
APN/PARCEL ID
831811376017
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844-585-7682
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844-585-7682
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