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Drive-Through NNN Property
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3010 Main Street, Keokuk, IA 52632

Franchisee-backed lease structure limits landlord obligations and supports hands-off ownership.

Property SizeContact for details
Days on Market142

Property Features for 3010 Main Street

General Information

Standard status Active
Property subtype Retail

Site & Location

Drive-Thru Yes
Pylon Signage Yes
Traffic Count 13,400 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Matthew Mousavi · License #CA 01732226
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 9:17PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

The property includes a KFC and Long John Silver’s restaurant with an operating drive-through and large pylon signage. Ownership includes the land and building, while the absolute NNN structure assigns no landlord responsibilities. A new five-year lease is scheduled for execution at closing, with four additional five-year option periods and 5% rent increases at the start of each option term. The lease carries a guarantee from a 62-unit franchisee entity.

Located at 3010 Main Street in Keokuk, the site occupies the intersection of Main Street, US Highway 218, and S 31st Street. The intersection averages more than 13,400 vehicles daily. Nearby retailers include a 24-hour Walmart Supercenter, Hy-Vee, ALDI, O’Reilly Auto Parts, and Ace Hardware. The five-mile trade area includes more than 17,000 full-time residents and over 9,000 employees, with average household income of $56,500.

Key Highlights

  • Absolute NNN lease with zero landlord responsibilities
  • New 5‑year lease plus 4 additional 5‑year option periods
  • 5% rent increases at the beginning of each option term

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Law Firm Hair Salon Real Estate Agency HVAC Service Spa & Massage Center Kitchen & Bath Showroom

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

13,400 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby
154k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 32% Dining 23% Groceries 22% Shops & Services 15%
Walmart Superstores
48,824 visits/mo 0.5 miles
Hy-Vee Groceries
22,537 visits/mo 0.2 miles
Dollar Tree Shops & Services
11,657 visits/mo 0.4 miles
Aldi Groceries
11,135 visits/mo 0.4 miles
Taco Bell Dining
9,948 visits/mo 0.5 miles

Demographics for 52632, IA

12,006
Population
5,793
Households
2.1
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
51.8 sq mi
ZIP Area
232
Density / Sq Mi
$52,547
Median Household Income
$32,407
Median Earnings
$803
Median Rent
$108,400
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 - Franchisee-backed lease structure limits landlord obligations and supports hands-off ownership.
Where is this nnn property located?
The property is located at 3010 Main Street Keokuk, IA.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; New 5‑year lease plus 4 additional 5‑year option periods; 5% rent increases at the beginning of each option term
(480) 221-4221 Call to check price and availability
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