Hardee's NNN
New
For Sale
$1,351,000
1118 S Clinton Street, Albia, IA 52531
Business (B-2) zoning supports an established restaurant operation with a nationally recognized quick-service tenant.
Property Size2,849 SF
Days on Market7
Property Features for 1118 S Clinton Street
General Information
Standard status
Active
Size
2,849 SF
Property subtype
Retail
Zoning
Business (B-2)
Building Details
Building Size
2,849 SF
Year Built
2010
Stories
1
Listing Agency:
(646) 584-3120
Listed By:
Michael Grunberg
(646) 584-3120
Source:
Srsre
Added: Aug 24
Changed: Aug 30
Last Checked: Aug 30 at 12:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Grunberg
Investment Insights
Based on property information with market context.
This NNN property is occupied by Hardee’s and was built in 2010. The lease has more than 3.5+ years remaining in its primary term, followed by four (4) additional 5-year renewal options. Contractual rental increases of 10% begin with each renewal option. The tenant is responsible for property taxes, insurance, maintenance, and repairs, leaving zero landlord responsibilities under the stated lease structure.
The property fronts S Clinton Street near Highway 34 in Albia, Iowa. S Clinton Street carries 9,400 VPD, while Highway 34 carries 4,400 VPD. Multiple access points along S Clinton Street support ingress and egress. The location is part of an established retail area near Hy-Vee, Family Dollar, and Dollar General. Placer.ai reports approximately 200,000 annual visits, placing this location in the 80th percentile nationally and first in Iowa among comparable Hardee’s locations.
The property fronts S Clinton Street near Highway 34 in Albia, Iowa. S Clinton Street carries 9,400 VPD, while Highway 34 carries 4,400 VPD. Multiple access points along S Clinton Street support ingress and egress. The location is part of an established retail area near Hy-Vee, Family Dollar, and Dollar General. Placer.ai reports approximately 200,000 annual visits, placing this location in the 80th percentile nationally and first in Iowa among comparable Hardee’s locations.
Key Highlights
- More than 3.5+ years remaining in the primary lease term
- Four (4) additional 5‑year renewal options with 10% rental increases
- Tenant pays taxes, insurance, maintenance, and repairs; zero landlord responsibilities
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
53k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 24%
Groceries 22%
Home Improvements & Furnishings 6%
Albia #2
Shops & Services
14,304 visits/mo
0.1 miles
Hy-Vee
Groceries
11,496 visits/mo
0.2 miles
Hardee's
Dining
9,642 visits/mo
0.1 miles
Dollar General
Shops & Services
5,203 visits/mo
0.2 miles
Dollar Tree
Shops & Services
3,803 visits/mo
0.2 miles
Demographics for 52531, IA
5,817
Population
2,724
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
96%
High-School Grad
223.0 sq mi
ZIP Area
26
Density / Sq Mi
$74,081
Median Household Income
$48,953
Median Earnings
$741
Median Rent
$140,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Business (B-2) zoning supports an established restaurant operation with a nationally recognized quick-service tenant.
Where is this nnn property located?
The property is located at 1118 S Clinton Street Albia, IA.
What is the asking price?
The asking price for this property is $1,351,000.
What are key features of this property?
This property features: More than 3.5+ years remaining in the primary lease term; Four (4) additional 5‑year renewal options with 10% rental increases; Tenant pays taxes, insurance, maintenance, and repairs; zero landlord responsibilities
