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    Des Moines, IA Cedar Rapids, IA Waterloo, IA Sioux City, IA Iowa City, IA Dubuque, IA Cedar Falls, IA Davenport, IA
    Absolute NNN Restaurant Property
    Updated: Mar 27
    Absolute NNN Restaurant Property

    1500 W 18th St S, Newton, IA 50208

    $2,145,000
    4,968 sqft 1.20 AC lot
    4,968‑square‑foot restaurant building on 1.2 acres
    Occupied by Pizza Ranch under an absolute NNN lease
    15‑year lease commenced May 1, 2023
    Approximately 2% annual rent increases
    Tenant responsibility includes taxes, insurance, CAM, repairs, roof, structure, HVAC, and major systems
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    This listing looks promising.

    Here's a quick look at some key insights for

    1500 W 18th St S, Newton, IA 50208

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    • Est. Cap Rate

      3.4%
      NOI ÷ price

    • Est. NOI

      $73K
      Annual

    • Mortgage

      $1.27M
      May 2023

    • Last Sold

      May 2023
      $1.59M

    • Property Type

      Restaurant
      Built 2007
    View Property Analytics
    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Jasper County, IA, we suggest exploring several alternatives:

    Jasper County, IA 1031 Exchange Properties Market Trends and Statistics

    Explore 1 1031 exchange properties for sale in Jasper County, IA on our real estate platform. These investment opportunities span a total of 4,968 square feet of properties for sale, with an estimated market value of $2,145,000.

    Sale prices for 1031 exchange properties in Jasper County, IA average $2,145,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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