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521 E 14th St 3,168 SF 100% Leased Retail Building Des Moines, IA 50316 $1,007,946 CAD ($318.16 CAD/SF) 7.75% Cap Rate
Investment Highlights
- Prime location with high visibility and accessibility
- Tenants include: Wingstop (1,800 SF) and Puff Puff Pass Vape Shop (1,368 SF)
- E 14th St - 21,800 VPD
- #1 VISITED WINGSTOP IN THE STATE OF IOWA - RANKED TOP 5% IN THE NATION (Placer.ai)
- WALT Remaining: 3.68 years
- Pylon Signage available for Tenants
Property Facts
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- -
- Triple Net
- -
Wingstop began in 1994 as a small chicken wing restaurant in Texas and expanded into franchising a few years later. The company now operates and franchises a broad restaurant network centered on cooked-to-order chicken wings, boneless wings, tenders, and chicken sandwiches, with a menu that also includes signature sides and housemade ranch and bleu cheese dips. Wingstop's business model is built around hand-sauced, hand-tossed flavor offerings, and the brand has grown into a widely recognized restaurant system with a large international footprint, while most locations are owned by brand partners.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | - | Triple Net | - |
Property Taxes
| Parcel Number | 040-05032001000 | Improvements Assessment | $585,709 CAD |
| Land Assessment | $212,234 CAD | Total Assessment | $797,943 CAD |
Property Taxes
Presented by
521 E 14th St
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