Absolute NNN Restaurant
For Lease
$2,145,000 NNN
1500 W 18th St S, Newton, IA 50208
A leased restaurant asset with tenant-paid operating costs and scheduled annual rent increases.
Space SizeContact for details
Days on Market54
Property Features for 1500 W 18th St S
General Information
Standard status
Active
Property subtype
Commercial
Zoning
Comm
Building Details
Year Built
2007
Listing Agency:
Pinnacle Realty LLC
(319) 350-9476
Listed By:
Trev Adair · License #322502720
Source:
Q4realestate
Added: Jul 10
Changed: Aug 30
Last Checked: Aug 31 at 12:39PM
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 Pinnacle Realty LLC
Investment Insights
Based on property information with market context.
This 4,968-square-foot restaurant property was built in 2007 and is occupied by Pizza Ranch. The lease is structured as absolute NNN, placing taxes, insurance, CAM, repairs, roof, structure, HVAC, and major systems with the tenant. The initial 15-year term began May 1, 2023, with annual rent increases of approximately 2%.
The property is located at 1500 W 18th St S in Newton, Iowa 50208, and carries Comm zoning. The lease structure is designed for minimal landlord involvement while providing a defined operating framework and scheduled increases over the lease term.
The property is located at 1500 W 18th St S in Newton, Iowa 50208, and carries Comm zoning. The lease structure is designed for minimal landlord involvement while providing a defined operating framework and scheduled increases over the lease term.
Key Highlights
- 4,968‑square‑foot restaurant building constructed in 2007
- Occupied by Pizza Ranch at 1500 W 18th St S, Newton, Iowa 50208
- Absolute NNN lease places taxes, insurance, CAM, repairs, roof, structure, HVAC, and major systems with the tenant
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 50208, IA
20,918
Population
8,919
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
158.5 sq mi
ZIP Area
132
Density / Sq Mi
$61,064
Median Household Income
$37,490
Median Earnings
$830
Median Rent
$161,900
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 - A leased restaurant asset with tenant-paid operating costs and scheduled annual rent increases.
Where is this nnn property located?
The property is located at 1500 W 18th St S Newton, IA.
What is the lease rate?
The lease rate is $2,145,000.
What are key features of this property?
This property features: 4,968‑square‑foot restaurant building constructed in 2007; Occupied by Pizza Ranch at 1500 W 18th St S, Newton, Iowa 50208; Absolute NNN lease places taxes, insurance, CAM, repairs, roof, structure, HVAC, and major systems with the tenant
