1002 Jeffreys Dr Osceola, IA 50213-9500

This exceptional sale-leaseback opportunity presents a 2,520-square-foot Pizza Hut restaurant located at 1002 Jeffreys Dr, Osceola, IA 50213. Built in 1975, this single-story building sits on a 0.618-acre lot and boasts a strong 7.00% cap rate, generating a net operating income (NOI) of $30,000. The property features a lease expiring December 31, 2032, providing a substantial remaining lease term of 8.1 years with a favorable 1% annual rent increase. The asking price is $428,500, translating to a price per square foot of $170.04. This investment is further enhanced by the presence of a seasoned, multi-unit operator (30+ units) and the availability of seller financing. The property's strong financials, coupled with the established brand recognition of Pizza Hut and the long-term lease, make this a compelling investment opportunity in the thriving Osceola, Iowa market. This sale-leaseback transaction offers a secure and profitable investment with significant upside potential. The property's location in Clarke County provides convenient access to a substantial customer base.