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1925 7th Ave 2,808 SF Retail Building Marion, IA 52302 $1,787,598 CAD ($636.61 CAD/SF) 6.04% Cap Rate
Investment Highlights
- Heavy daytime and nighttime traffic
- Single-tenant building with & drive-thru
- Strong demographical location with over 250,000 residents in the MSA
- Building renovated in 2022
- Fronting primary connector between Marion and Cedar Rapids with over 15,000 VPD
- Lease guaranteed for the next appx 10 years by a 340-unit operator
Executive Summary
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$107,941
|
$38.44
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $107,941 |
| Annual Per SF | $38.44 |
Property Facts
Amenities
- Corner Lot
- Restaurant
- Signage
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This recently remodeled former KFC building is backed by one of the largest quick-serve restaurant franchisees in North America for the remaining term of just under ten years. The Absolute Net Lease structure of this deal makes this a true "mailbox money" opportunity through the end of 2034, or choose to retenant the building with the added value of a recent renovation in 2022. Highest and best uses for this property include restaurant, coffee shop, bank, pharmacy, medical, or gas.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,808 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 2,808 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 2,808 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
This recently remodeled former KFC building is backed by one of the largest quick-serve restaurant franchisees in North America for the remaining term of just under ten years. The Absolute Net Lease structure of this deal makes this a true "mailbox money" opportunity through the end of 2034, or choose to retenant the building with the added value of a recent renovation in 2022. Highest and best uses for this property include restaurant, coffee shop, bank, pharmacy, medical, or gas.
Nearby Major Retailers
Property Taxes
| Parcel Number | 15062-14012-00000 | Improvements Assessment | $711,640 CAD |
| Land Assessment | $218,705 CAD | Total Assessment | $930,344 CAD |
Property Taxes
Presented by
1925 7th Ave
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