408 Jefferson Way Indianola, IA 50125-1714

This exceptional investment opportunity presents a fee-simple interest in a thriving Arby's restaurant located at 408 N Jefferson Way, Indianola, Iowa. The property boasts a 3,314 square foot building on a 0.99-acre lot, completely renovated in 2004. Currently operating under a corporate-guaranteed, absolute NNN lease with a remaining term of 5.1 years (expiring December 31, 2029), this single-tenant property offers significant long-term stability. The tenant, DRM Inc., the second-largest Arby's franchisee, recently exercised a five-year option extension, demonstrating their strong commitment to the location. This lease structure ensures minimal landlord responsibilities. The property enjoys a 7.00% cap rate and a Net Operating Income (NOI) of $76,404. Its prime location on US-65, a major north-south thoroughfare connecting Indianola to Des Moines, provides exceptional visibility and accessibility. The property's proximity to other retail anchors like Walmart and Hy-Vee, along with schools and Simpson College, further enhances its desirability. The Warren County location benefits from being part of the Des Moines metro area, serving a population of nearly 750,000. The asking price is $1,091,000. The property's APN is 48860000980. This is a rare opportunity to acquire a well-established, high-performing retail asset with a strong tenant and excellent location.