Listing Agency: CBRE - Omaha d***@cbre.com Show Phone

Listed By: Dan Fishburn · License #20140644 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 24 Last Checked: Aug 29 at 6:20AM

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Investment Insights

Based on property information with market context.

This is a former free-standing fast food restaurant located just off I-29 and Hwy 30 in Missouri Valley, Iowa. The building, with a size of 4828 square feet, has drive-through capabilities and existing FF&E in place. It is well-positioned along Highway 30 and surrounded by many retailers. Excellent monument signage is visible from the I-29 exchange. Missouri Valley is conveniently located along I-29 and approximately 24 miles from Omaha, 88 miles from Lincoln & 73 miles from Sioux City. The 2024 traffic counts show 17,300 vehicles per day along I-29 and 4,790 vehicles per day along Hwy 30. The property is suitable for drive-through restaurants, restaurants, and other commercial real estate ventures.

Key Highlights

• Located just off I‑29 and Hwy 30 with high traffic counts
• Existing drive‑through capabilities
• Excellent monument signage visible from the I‑29 exchange**

Property Analytics

Property Profile

Current Use

Burger King Restaurant burger king, Drive Restaurant

Suggested Use

Top Pick Building Supply Storage Facility Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store Restaurant

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

NNN (Triple Net)

Lease Type

$4.05 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

57

Businesses Nearby

Explore this area Business Placement

Demographics for 51555, IA

5,099

Population

2,337

Households

2.2

Avg Household Size

45

Median Age

23%

College-Educated

94%

High-School Grad

146.1 sq mi

ZIP Area

35

Density / Sq Mi

$77,292

Median Household Income

$44,240

Median Earnings

$761

Median Rent

$180,900

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?

Drive through restaurant - Freestanding restaurant with drive-through, near I-29 and Hwy 30.

Where is this drive through restaurant located?

The property is located at 3161 Joliet Avenue Missouri Valley, IA.

What is the lease rate?

The lease rate is $27 SF/Yr.

What are key features of this property?

This property features: Located just off I‑29 and Hwy 30 with high traffic counts; Existing drive‑through capabilities; Excellent monument signage visible from the I‑29 exchange**