Sheldon, IA
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    Sheldon, IA Drive Through Restaurants for Sale

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    Hospers, IA Ashton, IA Sanborn, IA
    Hardee's NNN Lease Investment
    $727,000
    3,434 SF
    Hardee's NNN Lease Investment

    505 2nd Ave, Sheldon, IA 51201

    Long-term NNN lease with rent escalations in Sheldon, Iowa.
    • Long‑term absolute NNN lease extending through August 2040, providing passive income.
    • Well‑capitalized franchisee (Superior Star LLC, operating 93+ Hardee's locations) guarantees lease obligations.
    • Strategic location at Highway 18 and 320th Street, capturing traffic from local residents and travelers.
    • Built‑in rent escalations every five years, ensuring increasing income.
    • Minimal direct competition from national fast‑food brands in Sheldon, IA.
    Updated: Mar 3
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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Sheldon, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Drive-Through Restaurant with Commercial Kitchen
    $650,000
    Drive-Through Restaurant with Commercial Kitchen

    Move-in ready drive-thru restaurant with commercial hood, cooler/freezer, and large paved parking.

    2209 Circle Dr, Spirit Lake, IA 51360

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    Drive-Through Restaurant Building
    Contact for pricing
    Drive-Through Restaurant Building

    Drive-thru restaurant space with dual service windows and kitchen infrastructure, positioned for quick-serve and coffee operations.

    604 18th St, Spirit Lake, IA 51360

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    Restaurant with Drive-Thru For Sale
    $2,650,000
    Restaurant with Drive-Thru For Sale

    Recently built restaurant with drive-thru, furniture, fixtures, and equipment included.

    5120 E. Arrowhead Parkway, Sioux Falls, SD 57110

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    Restaurant with Drive-Thru For Sale
    $2,650,000
    Restaurant with Drive-Thru For Sale

    Recently built restaurant with drive-thru, furniture, fixtures, and equipment included.

    5120 E. Arrowhead Parkway, Sioux Falls, SD 57110

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Retail Hub
    Contact for pricing
    Commercial Land Near Retail Hub

    Land available in high-traffic area near major retailers.

    1770 Premier Drive, Mankato, MN 56001

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    Commercial Land Near Retail Hub
    Contact for pricing
    Commercial Land Near Retail Hub

    Land suitable for fast food or service businesses.

    1720 Premier Drive, Mankato, MN 56001

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    Pad Site on 204th Street
    $995,000
    0.99 Acres
    Pad Site on 204th Street

    Ready-to-build pad site with utilities in place.

    5590 S 202nd Ave, Omaha, NE 68135

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    Downtown Millard Development Opportunity
    $250,000
    2.46 Acres
    Downtown Millard Development Opportunity

    Prime 2.46-acre development lot in Downtown Millard.

    13638 Q St, Omaha, NE 68137

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    Off-Market Properties in Sheldon, IA

    Consider similar Off-Market properties in Sheldon, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    100 34th Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,986 SF Lot: 1.20 Acres
    Estimated value
    $750,000

    100 34th Ave, Sheldon, IA 51201-7612

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    101 Park St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,916 SF Lot: 0.51 Acres
    Value Estimation by Request

    101 Park St, Sheldon, IA 51201-1006

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    206 Park St
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,434 SF Lot: 0.82 Acres
    Value Estimation by Request

    206 Park St, Sheldon, IA 51201

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    502 3rd Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,098 SF Lot: 0.44 Acres
    Value Estimation by Request

    502 3rd Ave, Sheldon, IA 51201-1135

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    34th Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,560 SF Lot: 2.38 Acres
    Value Estimation by Request

    34th Ave, Sheldon, IA 51201

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    Sheldon, IA Drive Through Restaurants Market Trends and Statistics

    Explore 6 drive through restaurants for sale in Sheldon, IA on our real estate platform. These investment opportunities span a total of 3,434 square feet of properties for sale, with an estimated market value of $727,000.

    Sale prices for drive-thru businesses in Sheldon, IA start at $727,000, averaging $727,000, and reaching up to $727,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

    Population 6,226
    Population Growth (5Y) +4.3%
    Median Household Income $70,592
    College Educated 26.3%

    High-Yield Neighborhoods for Investment

    Identify Sheldon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    51201 $727K

    Taxes & Financing

    Tax Rate (average for all types) 2.56%
    Property Tax per SF $30.74 per SF
    Tax Rate vs County Average 0.52 pp above county avg
    Average Loan-to-Value 65.0%

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