8255 E. Raintree Dr, Suite 100 - Scottsdale, AZ 85260
info@retail1031.com
call us: 480-429-4580
Happy Joe's Pizza | Eldridge, IAsale

Happy Joe's Pizza | Eldridge, IA

$1,220,000

Investment Highlights

  • Absolute NNN Lease

  • 4 x 5 Year Options

  • Corporate Guarantee

  • Attractive CAP Rate & Annual Increases

  • Nearby BP, Dollar General, McDonald's

  • >1/2 Mile from Elementary & High School

  • Excellent Corner Location

  • Located at Heart of Eldridge

Investment Summary

CAP Rate: 7.25%
Lessee: Dynamic Restaurant Acquisition Inc.
Building Size: ±9,549 Square Feet
Land Area: ±120,226 Square Feet
Lease Expiration: October 23, 2032
Lease Options: 4 x 5 Year Options
NOI: $100,000
Lease Type: Absolute NNN Lease Zero LL Responsibilities
Increases: Lesser of 1.25x CPI or 2.0%
Guarantee: HJ Dynamic Holdings, LLC

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More Information

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