
High Traffic Opportunity with 6.7 CAP Rate! | 320 HWY 71 S
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you

Your email has been sent!
High Traffic Opportunity with 6.7 CAP Rate! 320 HWY 71 S
1,952 SF Retail Building Arnolds Park, IA 51331 $940,080 CAD ($482 CAD/SF) 6.70% Cap Rate



INVESTMENT HIGHLIGHTS
- Current Tenant, Giliberto's Taco Shop is a chain of 14 stores
- Glass garage door leading to an outdoor patio for additional seating
- Newly constructed modern retail/restaurant building
- Located directly across from Arnolds Amusement Park on US-HWY 71
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,952 SF
Building Class
B
Year Built
2020
Price
$940,080 CAD
Price Per SF
$482 CAD
Cap Rate
6.70%
NOI
$62,986 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.10 AC
Zoning
C - Commercial Zoning
Parking
16 Spaces (11.36 Spaces per 1,000 SF Leased)
Frontage
150 ft on HWY 71
AMENITIES
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Giliberto's Mexican Taco Shop
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
24 Hour Mexican Food in Arnolds Park Iowa
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
Giliberto's Mexican Taco Shop | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS


PROPERTY TAXES
Parcel Number | 07-30-406-005 | Improvements Assessment | $881,092 CAD |
Land Assessment | $409,975 CAD | Total Assessment | $1,291,068 CAD |
PROPERTY TAXES
Parcel Number
07-30-406-005
Land Assessment
$409,975 CAD
Improvements Assessment
$881,092 CAD
Total Assessment
$1,291,068 CAD
1 of 26
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by

High Traffic Opportunity with 6.7 CAP Rate! | 320 HWY 71 S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.