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Spirit Lake, IA NNN Properties for Sale

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Orleans, IA Okoboji, IA Arnolds Park, IA Montgomery, IA Milford, IA Lake Park, IA Estherville, IA Spencer, 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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See hot listings in Spirit Lake

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spirit Lake, 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.

Maverik Convenience Store
Maverik Convenience Store

1925 South Lakeport Street, Sioux City, IA 51106

$3,600,000
4,940 sqft

An absolute NNN lease has more than five years remaining on its initial term, with no landlord responsibilities.

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Sioux Falls Office Building For Sale
Sioux Falls Office Building For Sale

5002 S Broadband Ln, Sioux Falls, SD 57108

Contact for pricing
13,434 sqft

NNN leased office building in established business park.

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Office Suites with Updated Interior
Office Suites with Updated Interior

4205 W. 53rd Street, Sioux Falls, SD 57106

$1,320,000

2000-built office suites with recently updated carpet and LED lighting, ample parking, and zoning for office use.

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Class A Office Condo Investment
Class A Office Condo Investment

302 Jones St, Ste 210, Sioux City, IA 51101

$875,000

Corporately leased office condo in historic district.

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Spirit Lake, IA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Spirit Lake, 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 Spirit Lake, 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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Demographics Overview

Population 8,561
Population Growth (5Y) +4.7%
Median Household Income $77,464
College Educated 44.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
51360 $650K

Taxes & Financing

Tax Rate (average for all types) 1.70%
Property Tax per SF $16.92 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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