Burger King Absolute NNN
For Sale
Contact for pricing
3161 Joliet Ave, Missouri Valley, IA 51555
Corporate-backed lease with scheduled annual rent increases and remaining term in place.
Property SizeContact for details
Days on Market143
Property Features for 3161 Joliet Ave
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
8.65%
Highway Access
Yes
Listing Agency:
Trinity Real Estate Investment Services
(325) 864-9775
Listed By:
Branson Blackburn · License #TX 611825
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 6:23PM
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 Trinity Real Estate Investment Services
Investment Insights
Based on property information with market context.
This Burger King property is subject to an absolute NNN lease with a corporate guarantee. The current lease term has 6 years remaining and includes anticipated annual rent increases of 1.5%. The offering reflects an 8.65% cap rate.
The restaurant is located at 3161 Joliet Ave in Missouri Valley, Iowa, just off I-29. Its interstate-oriented setting places the property near travel patterns associated with arrivals to and departures from Omaha. The asset combines a nationally recognized restaurant occupant with a defined lease term, contractual increases, and corporate backing.
The restaurant is located at 3161 Joliet Ave in Missouri Valley, Iowa, just off I-29. Its interstate-oriented setting places the property near travel patterns associated with arrivals to and departures from Omaha. The asset combines a nationally recognized restaurant occupant with a defined lease term, contractual increases, and corporate backing.
Key Highlights
- Burger King restaurant under an absolute NNN lease
- Corporate guarantee supports the lease
- 6 years remaining on the current lease term
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-backed lease with scheduled annual rent increases and remaining term in place.
Where is this nnn property located?
The property is located at 3161 Joliet Ave Missouri Valley, IA.
What are key features of this property?
This property features: Burger King restaurant under an absolute NNN lease; Corporate guarantee supports the lease; 6 years remaining on the current lease term
