Sale Information

Asking Price: $1,376,487

Building Size: 4,828 SQ FT

Lot Size: 74488

Cost per Square Foot: $285.11

Cap Rate: 8.00%

NOI: $110,119.00

Property Overview

Trinity REIS is pleased to present the opportunity to acquire an Absolute NNN Lease Burger King in Missouri Valley, Iowa. There are 6.5+ years remaining on the current term, with anticipated attractive 1.5% Annual Rent Increases. This subject property corporately guaranteed. The Subject Property is part a single-tenant net lease portfolio. For more information regarding this property, or the 8 others in the portfolio, please reach out to Trinity REIS. The portfolio consist of 9 properties for a total purchase price of $15M with a blended cap rate of 7.72% and average lease term remaining of 9 years. Other tenants in the portfolio; Burger King (corporate), Gerber Collision, Dollar General, EZ Pawn and more.

Built: 1996

Occupancy: 100%

Property Details

Key Points: Corporately Guaranteed Burger King - Missouri Valley, Iowa 6.5+ Years Remaining on Absolute NNN Lease Attractive 1.5% Annual Rent Increases Large 1.70 Acre Lot Omaha MSA - Direct Route to Omaha Via I-29 (12K+ VPD) Direct On/Off Access to Interstate 29 - Major North/South Interstate in Midwest

Broker Information

Trinity Real Estate Investment Services
Branson Blackburn

b.blackburn@trinityreis.com

www.trinityreis.com/

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