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Independence, IA NNN Properties for Sale

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Profitable Convenience Store on Highway
Updated: May 15
Profitable Convenience Store on Highway

709 1st Street West, Independence, IA 50644

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2,000 sqft
High annual revenue ($3.5 million) generated by a diversified business model.
Long‑term (20‑year) absolute NNN lease provides exceptional financial security.
Strong financial performance with $280,406 EBITDAR.
Strategic location on Independence's primary commercial corridor with high traffic and visibility.
Operated and guaranteed by an experienced franchisee (Iowa Investment, LLC).
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Independence, 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.

Auto Service Center NNN Lease
Auto Service Center NNN Lease

5215 University Ave, Cedar Falls, IA 50613

Contact for pricing
1,920 sqft

Jiffy Lube auto care center on an absolute NNN lease with corporate guarantee and remaining primary term.

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Main-Level Retail or Office Suite
Main-Level Retail or Office Suite

115 E 4th Street, Cedar Falls, IA 50613

Contact for pricing
3,100 sqft

Ground-level suite #102 in a two-story brick building offers high visibility and dedicated off-street parking.

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Retail Shell Suite in Plaza
Retail Shell Suite in Plaza

2060 Sovia Drive, Waterloo, IA 50702

Contact for pricing
1,800 sqft

Flexible shell space in a busy retail plaza off the I-380/US 218 interchange with strong area co-tenants.

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Former Toys R Us Retail Building
Former Toys R Us Retail Building

2039 Crossroads Boulevard, Waterloo, IA 50701

Contact for pricing
7,200 sqft

NNN retail building offering 7,200 SF with ample parking and strong visibility across from Crossroads Mall.

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Independence, IA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Independence, IA on our real estate platform. These investment opportunities span a total of 2,000 square feet of properties for sale.

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Demographics Overview

Population 8,475
Population Growth (5Y) -4.2%
Median Household Income $79,861
College Educated 32.6%

Taxes & Financing

Tax Rate (average for all types) 2.41%
Property Tax per SF $22.18 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

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