Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
1820 Southeast 16th Street
Ames, IA 50010
Asking Price
$3.52M
Cap Rate
5.25%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Iowa State University Location <ul><li>NO LANDLORD RESPONSIBILITIES: New 10 year absolute NNN ground lease with 10% rent increases every 5 year, providing completely passive ownership.</li><li>PREMIER CASUAL DINING OPERATOR: Darden is the largest casual dining operator in the country, with 2,100 total restaurants across 10 brands around the country, including 944 Olive Gardens.</li><li>HIGHWAY VISIBILITY & ACCESSIBILITY: Strategically positioned at the con fluence of I-35 (46,950 VPD) and US- 30 (35,000 VPD), offering the
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
2.27%
DSCR
0.38
Underwater
Cash-on-Cash
-12.22%
Monthly Payment
$17,433.889
Annual Cash Flow
$-129,206.671
