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:
Sep 27, 2024

Daily Email Blast
0 times


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

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

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."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.