Kum & Go NNN Retail
For Sale
Contact for pricing
Pending
731 S Riverside Dr, Iowa City, IA 52246
Freestanding convenience retail asset supported by a long-term net lease to an established operator.
Property Size7,344 SF
Lot Size1.46 Acres
Days on Market143
Property Features for 731 S Riverside Dr
General Information
Standard status
Pending
Size
7,344 SF
Lot size
1.46 Acres
Property subtype
Retail
Financials
Asking Price
$9,914,211
Cap Rate
5.7%
Building Details
Tenancy
Single
Listing Agency:
CBRE - Des Moines
(515) 415-6103
Listed By:
Tyler Dingel · License #IA S56502000
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 4:54PM
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 CBRE - Des Moines
Investment Insights
Based on property information with market context.
Located at 731 S Riverside Dr in Iowa City, Iowa, this freestanding retail property contains 7,344 square feet on a 63,449-square-foot parcel. The building is operated as a Kum & Go convenience store and is subject to a net lease with a twenty-year term.
The property is offered as a single-tenant NNN asset, combining an established convenience retail use with a defined lease structure. Based on the stated offering terms, the property reflects a 5.70% cap rate.
The property is offered as a single-tenant NNN asset, combining an established convenience retail use with a defined lease structure. Based on the stated offering terms, the property reflects a 5.70% cap rate.
Key Highlights
- 7,344‑square‑foot freestanding retail building
- Situated on 63,449 square feet of land
- Net leased to Kum & Go for twenty years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,738
Businesses Nearby
192k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 27%
Office Supplies 6%
Home Improvements & Furnishings 5%
McDonald's
Dining
37,057 visits/mo
0.0 miles
Kum & Go
Shops & Services
26,219 visits/mo
0.1 miles
Starbucks
Dining
24,488 visits/mo
0.2 miles
Staples
Office Supplies
11,026 visits/mo
0.0 miles
Arby's
Dining
10,746 visits/mo
0.2 miles
Demographics for 52246, IA
22,829
Population
10,627
Households
2.1
Avg Household Size
29
Median Age
67%
College-Educated
95%
High-School Grad
16.7 sq mi
ZIP Area
1,367
Density / Sq Mi
$55,088
Median Household Income
$28,598
Median Earnings
$1,049
Median Rent
$327,100
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 - Freestanding convenience retail asset supported by a long-term net lease to an established operator.
Where is this nnn property located?
The property is located at 731 S Riverside Dr Iowa City, IA.
What are key features of this property?
This property features: 7,344‑square‑foot freestanding retail building; Situated on 63,449 square feet of land; Net leased to Kum & Go for twenty years
