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408 N Jefferson Way
Indianola, IA 50125

Arby's · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • The tenant has been in-place for 20 years and recently exercised their second of three five-year options
  • The lease is signed directly with DRM, Inc., Arby's 2nd largest franchisee
  • The site is located within a mile from retail traffic drivers such as Walmart and Hy-Vee
  • The tenant is on an absolute NNN lease, leaving no responsibilities for the landlord
  • The site benefits from a clear, unobstructed view from US-65, the primary north-south roadway serving Indianola

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,314 SF
Building Class
B
Year Built/Renovated
1978/2004
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.99 AC
Parking
68 Spaces

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48860000980
Land Assessment
£167,677
Improvements Assessment
£388,009
Total Assessment
£555,686
  • Listing ID: 33296416

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 408 N Jefferson Way, Indianola, IA 50125

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