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Burlington, IA NNN Properties for Sale

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Triple-Net Leased Restaurant
Updated: Apr 12
Triple-Net Leased Restaurant

116 S Roosevelt Ave, Burlington, IA 52601

Contact for pricing
6,131 sqft 1.50 AC lot
Applebee’s at 116 South Roosevelt Ave in Burlington, Iowa
6,131 rentable SF building on an estimated 1.50‑acre parcel
New 15‑year triple‑net (NNN) lease commencing May 1, 2022
Starting rent of $156,000 with 5% rent increases every five years during the base term
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Burlington, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Family Dollar Double-Net
Freestanding Family Dollar Double-Net

1099 North Cole Street, Bushnell, IL 61422

Contact for pricing
10,500 sqft

Freestanding Family Dollar on a corner with a Double Net lease structure and corporate guarantee.

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NNN Retail Property with Absolute Lease
NNN Retail Property with Absolute Lease

1631 E Jackson St, Macomb, IL 61455

Contact for pricing
5,400 sqft

Offered with a 20-year absolute NNN lease and corporate guarantee from a regional operator.

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Hardee’s NNN Fast-Food Restaurant
Hardee’s NNN Fast-Food Restaurant

220 Green Street, Bushnell, IL 61422

Contact for pricing
3,371 sqft

20-year net lease starting Aug 2022 with renewal options and step rent increases on a Hardee’s fast-food site.

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Single-Tenant NNN Retail Investment
Single-Tenant NNN Retail Investment

1612 E Jackson, Macomb, IL 61455

Contact for pricing

Fee simple NNN retail property leased to US Cellular with corporately guaranteed long-term lease terms in place.

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Burlington, IA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Burlington, IA on our real estate platform. These investment opportunities span a total of 6,131 square feet of properties for sale.

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Demographics Overview

Population 27K
Population Growth (5Y) -4.6%
Median Household Income $57,123
College Educated 31.3%

Taxes & Financing

Tax Rate (average for all types) 2.09%
Property Tax per SF $25.07 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Des Moines County

New Delisted

Total CRE Inventory on Market (SF)

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