Building Details

Tenancy Single

Listing Agency: The Kase Group k***@thekasegroup.com Show Phone

Listed By: Kase Abusharkh · License #TX 708586

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 3:43AM

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Investment Insights

Based on property information with market context.

This absolute NNN KFC/Taco Bell restaurant is offered for sale as a long-term leased investment. The lease runs until November 2036 and provides for zero landlord obligations, with 1.5% annual escalations. The lease is supported by a franchisee and corporate guaranty from Franchise Management Inc. (FMI).

The property is located on Senate Ave in Red Oak, Iowa, with the restaurant situated next to Red Oak High School, the Community College, and Montgomery County Memorial Hospital + Clinics.

Per the lease terms provided in the remarks, the landlord has no required obligations and escalations are built into the lease structure through the end of the term.

Key Highlights

• Absolute NNN leased KFC/Taco Bell property in Red Oak, Iowa
• Long‑term lease runs until November 2036
• Lease structure calls for zero landlord obligations

Property Analytics

Current Use

KFC Restaurant Taco Bell Restaurant Zak LLC Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

138

Businesses Nearby

26k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 73% Home Improvements & Furnishings 18% Dining 7% Hotels & Casinos 2%

Cubby's Shops & Services

10,076 visits/mo 0.3 miles

Dollar General Shops & Services

6,762 visits/mo 0.3 miles

Tractor Supply Co. Home Improvements & Furnishings

4,649 visits/mo 0.1 miles

Pizza Hut Dining

1,782 visits/mo 0.4 miles

First Interstate Bank Shops & Services

1,555 visits/mo 0.3 miles

Demographics for 51566, IA

6,772

Population

3,435

Households

2

Avg Household Size

44

Median Age

19%

College-Educated

91%

High-School Grad

176.4 sq mi

ZIP Area

38

Density / Sq Mi

$58,264

Median Household Income

$40,632

Median Earnings

$783

Median Rent

$116,200

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - Absolute NNN leased KFC/Taco Bell property with a lease term extending to November 2036.

Where is this nnn property located?

The property is located at 400 Senate Ave Red Oak, IA.

What are key features of this property?

This property features: Absolute NNN leased KFC/Taco Bell property in Red Oak, Iowa; Long‑term lease runs until November 2036; Lease structure calls for zero landlord obligations