320 HWY 71 S - Restaurant FOR SALE


Arnolds Park, IA 51331
$649,900 USD
602-739-5008
320 HWY 71 S, Arnolds Park, IA for Sale
$649,900 USD
Restaurant - FOR SALE
1/25
null | 6.7% Cap Rate

320 HWY 71 S
Arnolds Park, IA 51331


HIGHLIGHTS

  • Current Tenant, Giliberto's Taco Shop is a chain of 14 stores
  • Newly constructed modern retail/restaurant building
  • Glass garage door leading to an outdoor patio for additional seating
  • Located directly across from Arnolds Amusement Park on US-HWY 71

OVERVIEW

Newly constructed modern retail/restaurant building that features a drive-thru with 26 interior seating with a glass garage door leading to an outdoor patio for additional seating. Home of the Iowa Great Lakes, the property is conveniently located on US-HWY 71. The ideal location offers high car counts & is directly across from Arnolds Park Amusement Park! Potential for Kiosk Bank, DriveThru Pharmacy or Retail. Current tenant Giliberto's Taco Shop, one of 14 locations.

FOR SALE DETAILS

PRICE

$649,900 USD

PRICE/SF

$333 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

High Traffic Opportunity with 6.7 CAP Rate!

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

C

APN/PARCEL ID

07-30-406-005

ASK ABOUT THIS PROPERTY

Nick SteffesNick SteffesMore Info
602-739-5008

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Nick SteffesNick SteffesMore Info
602-739-5008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.