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715 Doris Dr, Evansdale, IA, 50707

Burger King

$1,641,026

Key Information

Cap Rate
5.85%
$ per SF
$532
Tot. SF
3,081
Lot Size
1.28 Acres
Year Built
2020
Term Remaining
± 12.5 Years
Type
Retail

Highlights

• Direct US-20 / I-380 Freeway Access – Located at Exit 68 off US Highway 20 / Interstate 380, the main east–west freeway serving the Waterloo–Cedar Falls metro, with 27,000+ vehicles per day giving the drive-thru strong freeway visibility.
• Waterloo–Cedar Falls MSA – Diversified Employers – Set in a metro anchored by John Deere, Tyson Fresh Meats, the University of Northern Iowa, and major healthcare systems. Steady employment supports daily QSR traffic.
• Percentage Rent & Sales Transparency – Lease includes 8% percentage rent above a sales breakpoint, plus quarterly and annual financial reporting, giving ownership ongoing visibility into store-level sales.
• 2020 Construction – Recently built in 2020, representing Burger King’s newer store footprint.

Photos

Location

Agents

Broker of Record

Adam Marek

License # S44830000, F03991000 (IA)
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154