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Cherokee, IA NNN Properties for Sale

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Pizza Hut Absolute NNN Property
Updated: Apr 10
Pizza Hut Absolute NNN Property

1014 N 2nd St., Cherokee, IA 51012

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Pizza Hut property at 1014 N 2nd St., Cherokee, IA 51012
Absolute NNN lease structure
15‑year lease term
Zero landlord responsibilities
6% cap rate
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cherokee, 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.

Mammoth Car Wash NNN Property
Mammoth Car Wash NNN Property

2519 Correctionville Rd, Sioux City, IA 51106

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11,448 sqft 1.05 AC lot

Car wash facility offered with a 20-year absolute triple-net lease and scheduled annual rent escalations.

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Single-Tenant NNN Restaurant Leasehold
Single-Tenant NNN Restaurant Leasehold

4407 E 10th St, Sioux Falls, SD 57103

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0.94 AC lot

DQ Grill & Chill operates on an absolute NNN lease with remaining term and scheduled 8% escalations every five years.

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Affordable Dentures NNN Property
Affordable Dentures NNN Property

3110 Sunnybrook Ct, Sioux City, IA 51106

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3,940 sqft

Build-to-suit medical facility with a lease extension running through June 30, 2030.

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Mammoth Car Wash
Mammoth Car Wash

1620 S Sycamore Ave, Sioux Falls, SD 57110

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Operational car wash property subject to an absolute NNN lease with scheduled annual rent escalations.

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Cherokee, IA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Cherokee, IA on our real estate platform.

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Demographics Overview

Population 6,313
Population Growth (5Y) -1.1%
Median Household Income $56,964
College Educated 28.5%

Taxes & Financing

Tax Rate (average for all types) 2.31%
Property Tax per SF $31.81 per SF
Tax Rate vs County Average 0.32 pp above county avg
Average Loan-to-Value 65.0%

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