Listed by ParaSell Inc, Sands Investment Group
$2,840,000
Arby's and Dubuque Discount Gas - Dubuque, IA
Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food
Square Footage 5,162
Cap Rate 7.5%
NOI $212,998
Occupancy 100%
Tenancy Multi
Brand/Tenant Arby's, Arby's (DRM Inc.)
Lease Type NNN
Lease Term 20
Lease Expiration 09/30/2038
Remaining Term 12.2
Rent Bumps Yes
Lease Options 5 x 5 Year Options
Price per SqFt $550
Year Built 1996
Acreage 0.840
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 10/01/2018
Bonus Depreciation Eligible
Marketing description
We are pleased to exclusively offer for sale the Arby's and Dubuque Discount Gas Station leased asset located at 10 Main Street in Dubuque, IA. This offering presents a rare opportunity to acquire a high- visibility asset that is strategically positioned at the intersection of Hwy 61 and 151. The property features an extremely strong performing Arby's, creating a synergistic retail environment that drives consistent foot and vehicle traffic.
Investment highlights
- Absolute Triple Net (NNN) Leases: Zero landlord responsibilities.
- Bonus Depreciation Advantage: This asset is eligible for bonus depreciation, offering significant tax benefits to investors.
- Strong Sales Performance: Arby’s performs significantly above the national average in store sales. Major upside through percentage sales for the landlord. Contact the broker for the sales metric.
- Long-Term Absolute Triple Net (NNN) Lease From Strong Guarantor: Arby’s has 12 years remaining on the lease, which is guaranteed by DRM, Inc., a 119-unit franchisee.
- Dubuque, IA MSA: Dubuque is adjacent to the Mississippi River and shares the borders of Wisconsin and Illinois. The city has a stable population of over 60,000 residents.
- Strategic Positioning Near Traffic Drivers: Located near Diamond Jo Casino, Port of Dubuque Marina, and Grand River Convention, as well as other retailers such as Hy-Vee, McDonald's, Taco Bell, Burger King, and Jimmy John's.
Listing Contacts
Listed by ParaSell Inc, Sands Investment Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$212,998.00
$17,749.83/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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Zoning
HI IndustrialHeavy Industrial
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View all 72 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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