3441 86th Street, Urbandale, Iowa, 50322


Listing Courtesy of Platinum Realty LLC, Pedersen, Kyle

Active
$1,350,000
Other
717335



NNN Lease Investment Property: Former 5,952 SF McDonald's fast food restaurant leased on triple net (NNN) terms. The lease commenced on September 1, 2024 and will expire on August 30, 2034. The tenant has (2) 5-year renewals with 10% rent bumps per renewal. Current rent due is $96,312.50 annually through Year 2. In Year 3, rent increases to $103,500 with strong escalators throughout the remaining term. The landlord replaced the roof and gutters in the fall of 2024 as part of lease negotiations. The tenant completed their own interior and exterior cosmetic work which included paint and concrete repairs. The property benefits from a recorded parking lot easement that adds an approximate (52) parking spaces into perpetuity. The restaurant is located along 86th Street in Urbandale at the controlled intersection of 86th Street and Colby Parkway. This is near the Douglas Avenue and 86th Street intersection. Neighborhood has strong traffic counts and is anchored by Hy-Vee. See Agent Remarks for full rent schedule.

Property Details

Status Active
Price $1,350,000
Property Type Other
Property Size 5,952 Sqft
Courtesy of Platinum Realty LLC, Pedersen, Kyle
Provided By DMAAR
Last checked on DMAAR 6/24/2025 11:12:04 PM
Tax Amount 34086
Tax Year 2024
Year built 1990

Address & Directions

Address 3441 86th Street
City Urbandale
State Iowa
County Polk
Postal Code 50322
Directions Located at the southeast corner of the controlled intersection of 86th Street and Colby Parkway in Urbandale.

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Heating : Yes.
Heating : ForcedAir, Gas
Cooling : Yes.
Cooling : CentralAir
Construction Materials : Brick, Block, Frame, MetalSiding
Foundation Details: Block
Water Source : Public
Sewer System : PublicSewer

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I agree to be contacted by the Platinum Realty - Des Moines office via call, email and/or text. Message frequency varies. To opt out, you can reply "stop" at any time or click the unsubscribe link in the emails. Message and data rates may apply. Reply HELP for help. View Terms of Service and Privacy Policy. If you'd like to unsubscribe click here.