400 Senate Ave Red Oak, IA 51566

Listing agency The Kase Group k***@thekasegroup.com Show Phone

Listed by Kase Abusharkh · License #TX 708586

Source Crexi

Added: Apr 11 Updated: Jul 22 at 3:43AM Checked: Jul 22 at 3:43AM

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Investment Insights

Based on property information with market context.

This absolute NNN KFC/Taco Bell restaurant is offered for sale as a long-term leased investment. The lease runs until November 2036 and provides for zero landlord obligations, with 1.5% annual escalations. The lease is supported by a franchisee and corporate guaranty from Franchise Management Inc. (FMI).

The property is located on Senate Ave in Red Oak, Iowa, with the restaurant situated next to Red Oak High School, the Community College, and Montgomery County Memorial Hospital + Clinics.

Per the lease terms provided in the remarks, the landlord has no required obligations and escalations are built into the lease structure through the end of the term.

Key Highlights

• Absolute NNN leased KFC/Taco Bell property in Red Oak, Iowa
• Long‑term lease runs until November 2036
• Lease structure calls for zero landlord obligations

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FAQs

What type of property is this?

NNN property - Absolute NNN leased KFC/Taco Bell property with a lease term extending to November 2036.

Where is this nnn property located?

The property is located at 400 Senate Ave Red Oak, IA.

What are key features of this property?

This property features: Absolute NNN leased KFC/Taco Bell property in Red Oak, Iowa; Long‑term lease runs until November 2036; Lease structure calls for zero landlord obligations