Hardee’s Absolute NNN
For Sale
Contact for pricing
Pending
1431 Ave H, Fort Madison, IA 52627
Freestanding restaurant investment with a long-term absolute NNN lease and four renewal options.
Property Size3,983 SF
Lot Size0.53 Acres
Days on Market143
Property Features for 1431 Ave H
General Information
Standard status
Pending
Size
3,983 SF
Lot size
0.53 Acres
Property subtype
Retail
Building Details
Year Built
1978
Listing Agency:
CBRE Atlanta
(404) 504-7893
Listed By:
Thomas Carr · License #374849
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 5:17PM
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 CBRE Atlanta
Investment Insights
Based on property information with market context.
The property is a 3,983-square-foot Hardee’s restaurant on 0.53 total acres at 1431 Ave H in Fort Madison, Iowa. Built in 1978, the site has operated as a Hardee’s for 45 years and is subject to an absolute NNN lease with approximately 9.3 years remaining in the primary term.
The lease provides four 5-year renewal options, with annual rent increases set at the lesser of 1.75% or 1.25 times the CPI increase. TriStar Ventures, LLC is the tenant, with lease guaranties from LBE Holdings, LLC, River Valley Restaurants, LLC, and North Star Foods, LLC. Those guarantors are wholly owned subsidiaries of Capstone Restaurant Group, which owns more than 270 locations across 16 states.
The lease provides four 5-year renewal options, with annual rent increases set at the lesser of 1.75% or 1.25 times the CPI increase. TriStar Ventures, LLC is the tenant, with lease guaranties from LBE Holdings, LLC, River Valley Restaurants, LLC, and North Star Foods, LLC. Those guarantors are wholly owned subsidiaries of Capstone Restaurant Group, which owns more than 270 locations across 16 states.
Key Highlights
- 3,983‑square‑foot Hardee’s restaurant on 0.53 total acres
- Absolute NNN lease with approximately 9.3 years remaining in the primary term
- Four 5‑year renewal options
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 52627, IA
12,350
Population
6,134
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
95%
High-School Grad
63.9 sq mi
ZIP Area
193
Density / Sq Mi
$54,864
Median Household Income
$39,058
Median Earnings
$830
Median Rent
$111,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Freestanding restaurant investment with a long-term absolute NNN lease and four renewal options.
Where is this nnn property located?
The property is located at 1431 Ave H Fort Madison, IA.
What are key features of this property?
This property features: 3,983‑square‑foot Hardee’s restaurant on 0.53 total acres; Absolute NNN lease with approximately 9.3 years remaining in the primary term; Four 5‑year renewal options
