2400 Spruce Hills Dr Bettendorf, IA 52722
This thriving Bettendorf restaurant, established for over 18 years, presents a rare investment opportunity. Located on a nearly 0.68-acre lot at 2400 Spruce Hills Drive, Bettendorf, IA 52722, this property boasts a prime location in a high-traffic area, close to new developments like the upcoming water park and ice rink. The single-building property, constructed in 1999, has been meticulously maintained, featuring recently updated HVAC systems (2018 & 2020) and a newly resurfaced parking lot (2024). The spacious interior includes ample seating for patrons and a large kitchen equipped with walk-in refrigeration and freezer units. All existing fixtures and inventory are included in the sale, providing a seamless transition for a new owner. The asking price is $825,000. This property is ideal for a continuation of the existing restaurant operation or for conversion to another commercial use. The significant lot size offers considerable potential for future expansion or development. Don't miss this chance to acquire a well-established business in a rapidly growing area.
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Azteca 3 Authentic Mexican Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.