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29879084
29879085

1501 E Euclid Ave, Des Moines, IA 50316 For Sale

AM
IA IA S64937000
Stanbrough Realty
Stanbrough Realty
Listed by Stanbrough Realty
$1,295,000
369 days on market
Updated 30 days ago

1501 E Euclid Ave

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,123
Units 1
Occupancy 100%
Tenancy Single
Brand/Tenant Abelardo's
Lease Type NNN
Lease Term 10
Remaining Term 10
Rent Bumps Yes
Class A
Year Renovated 2022
Acreage 0.952
Investment Type Stabilized
Tenant Credit Corporate Guarantee

Fully leased single tenant building with new roof, HVAC, and drive-thru

Marketing description

Take advantage of this rare opportunity to own a stabilized single-tenant investment property in a high-visibility location along E Euclid Avenue. The building totals 3,132 square feet and is fully leased under a brand-new 10-year lease term, offering reliable cash flow and long-term tenant stability.

Recent capital improvements include a new roof, HVAC system, grease trap, and updated site plan. The drive-thru has also been upgraded with new concrete, enhancing both functionality and curb appeal.

Located in a high-traffic corridor with strong surrounding demographics, this property presents a turnkey investment with minimal near-term maintenance needs and a committed tenant in place.

Listing Contacts

AM
IA IA S64937000
Stanbrough Realty
Stanbrough Realty
Listed by Stanbrough Realty

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Additional Information

Name
Andrew McCune
License
IA S64937000
Brokerage Phone
515-334-3345
Brokerage Address
2775 86th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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