1500 Washington Street, Pella, IA 50219
Burger King
PRICE:
Land Price / SF:
$2,042,222
$36
Year Built:
2019
APN:
1739801500
Located in Pella, IA, an Agricultural and Manufacturing Region about 30 Miles East of Des Moines, and Home to Companies such as the Pella Corporation and the Vermeer Manufacturing Company | Located Only 0.7 Miles from Pella Municipal Airport and 0.5 miles from Central College with Over 1100 Students | Outparcel to Walmart-Anchored Shopping Center on Washington Street, a Primary East-West Corridor with Traffic Count of over 9,900 VPD | Tenants in the Immediate Area Include Walmart Supercenter, Dominos, Applebee’s, Culvers, Taco Bell, and More
Building Area:
Land Area:
Lease Type:
3,096 SF
56,628 SF
Absolute NNN
Status:
ACTIVE
Guaranteed by Tasty Kings LLC, a 68-Unit Franchisee/Operator Owned by Tasty Restaurant Group with over 400 Restaurants in 21 States | Over 16 Years Remaining Lease Term with Four 5-Year Options | Rental Escalations of 7.5% Every 5 Years During Base Term and Options to Hedge Against Inflation |