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    Des Moines, IA Cedar Rapids, IA Waterloo, IA Sioux City, IA Iowa City, IA Dubuque, IA Davenport, IA Cedar Falls, IA
    Drive-Through Restaurant Building
    Updated: Aug 13
    Drive-Through Restaurant Building

    2209 Circle Drive W, Spirit Lake, IA 51360

    $650,000
    3,569 sqft 1.40 AC lot
    1.4‑acre level site at the corner of Highways 71 and 9
    3,569‑square‑foot restaurant building constructed in 1979
    Drive‑through with commercial hood, walk‑in cooler, and walk‑in freezer
    Over 5,000 vehicles pass by each day
    Large paved parking lot
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    This listing looks promising.

    Here's a quick look at some key insights for

    2209 Circle Drive W, Spirit Lake, IA 51360

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $49K
      Annual

    • Mortgage

      $4.33M
      Sep 2016

    • Last Sold

      Oct 2022
      $475K

    • Property Type

      Restaurant
      Built 1979
    View Property Analytics
    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Dickinson County, IA, we suggest exploring several alternatives:

    Dickinson County, IA Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Dickinson County, IA on our real estate platform. These investment opportunities span a total of 3,569 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for triple net lease properties in Dickinson County, IA average $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Featured Dickinson County Real Estate Agencies

    Realmo connects you with licensed Dickinson County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Jensen Real Estate
    P.O. Box 721 Arnolds Park, IA 51331
    Phone: 17123207245
    www.BuyGreatLakes.com
    Hinn Real Estate
    2916 Hwy 71 S Spirit Lake, IA 51360
    Phone: 17123361240
    www.buyokoboji.com

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