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KFC 3010 Main St 4,400 SF Retail Building Keokuk, IA 52632 $1,108,056 CAD ($251.83 CAD/SF) 5.65% Cap Rate
INVESTMENT HIGHLIGHTS
- 4,400 Square Foot Building Located on 1.08 Acres of Land
- Drive Thru Equipped
- 6.5 Years Remaining On Current Lease Term with Four,Five Year Options to Renew
- Absolute NNN Lease with ZERO Landlord Responsibilities
- Rental Increases in Year Six of the Lease and in Each Option Period
- Located Near Other High Quality Tenants IncludingDairy Queen, Pizza Hut, Taco Bell, etc.
EXECUTIVE SUMMARY
4,400 Square Foot Building Located on 1.08 Acres of Land
Absolute NNN Lease with ZERO Landlord Responsibilities
Drive Thru Equipped
Rental Increases in Year Six of the Lease and in Each Option Period
6.5 Years Remaining On Current Lease Term with Four, Five Year Options to Renew
Located Near Other High Quality Tenants Including Dairy Queen, Pizza Hut, Taco Bell, etc.
Absolute NNN Lease with ZERO Landlord Responsibilities
Drive Thru Equipped
Rental Increases in Year Six of the Lease and in Each Option Period
6.5 Years Remaining On Current Lease Term with Four, Five Year Options to Renew
Located Near Other High Quality Tenants Including Dairy Queen, Pizza Hut, Taco Bell, etc.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,400 SF
Building Class
C
Year Built
1989
Price
$1,108,056 CAD
Price Per SF
$251.83 CAD
Cap Rate
5.65%
NOI
$62,605 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.08 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
54 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
166’ on Main St
AMENITIES
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $856,980 CAD | |
| Land Assessment | $427,278 CAD | Total Assessment | $1,284,257 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$427,278 CAD
Improvements Assessment
$856,980 CAD
Total Assessment
$1,284,257 CAD
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KFC | 3010 Main St
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