NNN

Ottumwa, IA NNN Properties for Sale

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NNN-Leased Retail Strip
Updated: May 7
NNN-Leased Retail Strip

1255 Theatre Drive, Ottumwa, IA 52501

$1,999,999
5,074 sqft
Fee simple retail strip offering land & building ownership
NNN‑leased to Aspen Dental and Jersey Mike's
Average remaining lease term over 5 years with multiple extension options
Jersey Mike's includes a rent increase after year five with fixed increases on three 5‑year renewal options
Tenants reimburse their pro rata share of CAM, taxes, and insurance under triple‑net leases
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ottumwa, 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.

NNN Leased Pizza Ranch Investment
NNN Leased Pizza Ranch Investment

1500 W 18th St S, Newton, IA 50208

$2,145,000
4,968 sqft 1.20 AC lot

NNN leased Pizza Ranch in Newton, Iowa for sale.

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Absolute NNN Leased Pizza Restaurant
Absolute NNN Leased Pizza Restaurant

1500 W 18th St S, Newton, IA 50208

$2,145,000
52,272 sqft

A fully stabilized Absolute NNN lease with Pizza Ranch provides long-term, tenant-paid operating expenses.

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First-Floor Office Suite
First-Floor Office Suite

1100 6th Street B1, Coralville, IA 52241

$475,000
2,168 sqft

Leased first-floor office suite with five offices, reception, kitchenette, and direct building entrance access.

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First-Floor Office Suite with NNN Tenant
First-Floor Office Suite with NNN Tenant

1100 6th St, Coralville, IA 52241

$475,000
0.05 AC lot

2,168 SF first-floor office suite features five offices, reception, kitchenette, and a long-term NNN tenant through 2030.

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Ottumwa, IA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Ottumwa, IA on our real estate platform. These investment opportunities span a total of 5,074 square feet of properties for sale, with an estimated market value of $1,999,999.

Sale prices for triple net lease properties in Ottumwa, IA start at $1,999,999, averaging $1,999,999, and reaching up to $1,999,999 — 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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Demographics Overview

Population 30K
Population Growth (5Y) +2.3%
Median Household Income $59,091
College Educated 28.3%

High-Yield Neighborhoods for Investment

Identify Ottumwa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
52501 $3.4M

Taxes & Financing

Tax Rate (average for all types) 3.02%
Property Tax per SF $37.77 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wapello County

New Delisted

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