This Property is no longer advertised on Showcase.com.
Off Market
1/5

3155 N Ankeny Blvd
Ankeny, IA 50021


HIGHLIGHTS

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
  • Jam Restaurant Group is an Experienced Franchisee & Multi-Unit Guarantor that Currently Owns & Operates 8 Popeye Locations, 3 Under Development (2022)
  • 10 Additional Planned - 21 Total Units by YE 2024!
  • Tenant has Increased Their Sales Over 150% for the Iowa Market Since 2019!
  • Situated on a Large ±1.032-Acre Lot with Great Drive-By Visibility on N Ankeny Blvd, where Traffic Counts Exceed 24,040 CPD!
  • AFFLUENT 2021 DEMOGRAPHICS: Total Population (5-MI): 75,855 | Average Household Income (1-MI): $103,601

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

POPEYES - ANKENY, IA

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

2600

STORIES

1

YEAR BUILT

2023

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

181/00219-449-803