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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

Contact for pricing
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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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Local Demand available after sign in
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.

Absolute NNN Retail Property
Absolute NNN Retail Property

121 W Benton St., Iowa City, IA 52246

$1,350,000
4,480 sqft

The property is subject to an absolute NNN lease with tenant responsibility for taxes, insurance, HVAC, maintenance, and roof.

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NNN Commercial Property
NNN Commercial Property

824 Orchard Street, Iowa City, IA 52246

$235,000
2,280 sqft

Commercial building with an active NNN lease, renewal option, and service-oriented layout.

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First-Floor Office Suite
First-Floor Office Suite

1100 6th Street B1, Coralville, IA 52241

$465,000
2,168 sqft

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

View details
Five-Office Commercial Suite
Five-Office Commercial Suite

1100 6th St, Coralville, IA 52241

$465,000
0.05 AC lot

A first-floor layout includes direct access from the building entrance, a reception area, kitchenette, and storage.

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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.

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Demographics Overview

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

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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