Listed by NAI NP Dodge
$1,500,000
3150 24th Ave
Details
Property Type Retail
Sub Type Restaurant
Square Footage 5,088
Cap Rate 6.50%
NOI $97,918
Tenancy Single
Year Built 2006
Buildings 1
Acreage 1.640
Zoning P-C
Investment Type Net Lease
Ground Lease No
Retail | 6.50% CAP | NOI $97,917.96 | 5,088 SqFt
Marketing description
Prime Council Bluffs location with convenient access to I-80 and I-29, surrounded by major entertainment, hospitality, retail, and sports destinations, providing exceptional visibility and strong consumer traffic.
Investment highlights
- 100% leased single-tenant investment opportunity
- Occupied by Hometown Cookout
- 5.5 years remaining on the current lease
- Stable, in-place cash flow
- Passive investment with established tenant
- Well-maintained retail property in a strong commercial corridor
- 6.5% Cap Rate with Additional Land for a Future Kiosk or Building Development
Listing Contacts
Listed by NAI NP Dodge
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$97,917.96
$8,159.83/mo
Valuation Metrics
0
DSCR
6.53%
Cap Rate
6.53%
ROI
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Property History
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