1640 West Broadway, Council Bluffs, IA, 51501

1640 West Broadway Council Bluffs, IA 51501

1640 West Broadway, Council Bluffs, IA, 51501
1640 West Broadway, Council Bluffs, IA, 51501 1640 West Broadway, Council Bluffs, IA, 51501 1640 West Broadway, Council Bluffs, IA, 51501 1640 West Broadway, Council Bluffs, IA, 51501 1640 West Broadway, Council Bluffs, IA, 51501 1640 West Broadway, Council Bluffs, IA, 51501 1640 West Broadway, Council Bluffs, IA, 51501 1640 West Broadway, Council Bluffs, IA, 51501 1640 West Broadway, Council Bluffs, IA, 51501
FOR SALE
Property Type:
Free Standing Building
Amount:
$997,000
Last Verified:
Oct 28, 2024

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Highlights

  • Located prominently along Broadway Street in Council Bluffs
  • Close proximity to Thomas Jefferson High School

Description

This property is part of a portfolio of 10 Jimmy John's locations. Each property may be purchased individually or separately.

Term: 10-year current lease term started June 7th, 2024
Renewal Options: Two (2), 5-year options
Rental Increase: 10% after 5 years
Option Rents: 2.5% annual increases
Lease Type: Absolute NNN

17th & Broadway Streets in Council Bluffs, IA


Year Built: 2007
Building Size: 1242sq ft
Lot Size: 0.24 acres


Documents

Portfolio of 10 Jimmy John's Properties in Greater Omaha Market.pdf

Map of 1640 West Broadway, Council Bluffs, IA, 51501

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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