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11406 Forest Ave
Clive, IA 50325
Asking Price
$1.30M
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Retail | 3,022 SqFt <ul><li>Operating KFC - Delivered Vacant at Closing</li><li>Prime Retail Development Opportunity Featuring Excellent Signage and QSR Infrastructure</li><li>Flexible Building Footprint Suitable for QSR, Coffee, Dessert, or Small-Format Retail</li><li>Healthy Demographics of 190,052 Residents in 5-Mile Radius And Positive Population Growth Expected in the Next 5 Years</li><li>Affluent 1-Mile Community With Average Household Income of $124,365</li><li>Excellent Visibility Along University Ave
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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712
