Property Description

Long term lessee renewed 5 year extension to over 6.5 years with 10% increase! 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. 6.7% CAP Rate

Property Features