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    Independence, IA
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    Independence, IA Grocery And Convenience Stores for Sale

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    Profitable Convenience Store on Highway
    Updated: May 15
    Profitable Convenience Store on Highway

    709 1st Street West, Independence, IA 50644

    Contact for pricing
    2,000 sqft
    High annual revenue ($3.5 million) generated by a diversified business model.
    Long‑term (20‑year) absolute NNN lease provides exceptional financial security.
    Strong financial performance with $280,406 EBITDAR.
    Strategic location on Independence's primary commercial corridor with high traffic and visibility.
    Operated and guaranteed by an experienced franchisee (Iowa Investment, LLC).
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Independence, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Convenience Store With Deli Kitchen
    Convenience Store With Deli Kitchen

    5913 Troy Mills Rd, Coggon, IA 52218

    $199,000
    3,787 sqft 0.54 AC lot

    Convenience retail property with food-service space, a separate shop, and on-site fuel and propane infrastructure.

    View details
    Dollar General Absolute NNN Lease
    Dollar General Absolute NNN Lease

    4 Barber Street, Central City, IA 52214

    $1,057,820

    Absolute NNN lease with 7 years remaining, corporate guarantee, and a concrete parking lot with ample parking.

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    Turn-Key Convenience Store For Sale
    Turn-Key Convenience Store For Sale

    5913 Troy Mills Rd, Coggon, IA 52218

    Contact for pricing
    3,787 sqft

    Fully operational convenience store with deli kitchen in Troy Mills.

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    Retail Building with Overhead Door
    Retail Building with Overhead Door

    9 South Avenue, Central City, IA 52214

    Contact for pricing

    Wood frame metal building on nearly one acre with one 12' overhead door and 30 parking spaces.

    View details

    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.

    Zoned C-4 Development Land
    Zoned C-4 Development Land

    Tower Terrace Rd lot: 5, Hiawatha, IA 52233

    $378,972
    1.45 AC lot

    Development-ready lot zoned C-4 with city sewer and water, natural gas, electric service, and high-speed internet.

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    Agricultural Land with Utilities
    Agricultural Land with Utilities

    1175 Tower Terrace Rd, Hiawatha, IA 52233

    $1,486,485
    5.46 AC lot

    Two-parcel site with utilities at the location, current AG zoning and planned C4 zoning potential, near I-380 interchange.

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    Residential Land in Conrad, Iowa
    Residential Land in Conrad, Iowa

    509 N Vernon Street lot: 12, Conrad, IA 50621

    $40,000
    0.32 AC lot

    Residential land for sale in Conrad, near community amenities.

    View details
    C2 Zoned Commercial Development Lot
    C2 Zoned Commercial Development Lot

    Crosspark Rd, Coralville, IA 52241

    $1,039,560
    2.39 AC lot

    Utilities are available to this C2-zoned parcel, supporting flexible commercial development near major Coralville corridors.

    View details

    Independence, IA Grocery And Convenience Stores Market Trends and Statistics

    Explore 1 grocery and convenience stores for sale in Independence, IA on our real estate platform. These investment opportunities span a total of 2,000 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 4
    Storefront properties 3
    Auto shops 2
    Car washes 2
    Gas stations 1

    Demographics Overview

    Population 8,475
    Population Growth (5Y) -4.2%
    Median Household Income $79,861
    College Educated 32.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.41%
    Property Tax per SF $22.18 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

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