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Off Market
1/5

706 11th St SW
Spencer, IA 51301


HIGHLIGHTS

  • Placer AI Ranked Top 10% in the Nation.
  • Outparcel to Walmart Supercenter. Located along U.S. Hwy 71, a major thoroughfare and rest stop for travelers.
  • The only Arby's within a 20-mile radius.
  • Strong tenant, AES Restaurant Group operates over 187 locations nationwide.
  • Healthy Rent to Sales Ratio
  • Long term 20-year lease with 10% rent increases every 5 provide a strong hedge against inflation.

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

Arby's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

2971

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

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

9637-24-226-004