Retail    

Starbucks

 Newton (Des Moines), IA

Asking Price

$2,500,000

Cap Rate

6.00%

For more details on this exclusive listing

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Total Building GLA

2,160 SF

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Brand New Long-Term NNN Lease

10 Years

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Brand New 2023 Construction

Drive-Thru and Dine-In

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Immediate Access to Interstate 80

146K+ VPD

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Proximity to Iowa Speedway

25,000+ Capacity

INVESTMENT HIGHLIGHTS

  • Brand New 2023 Construction with Drive-Thru
  • New Long-Term Lease
  • Rare Tenant-Managed Parcel
  • Corporately Guaranteed by Starbucks Corporation
  • Immediate Access to Interstate 80
  • High-Growth Des Moines MSA
  • Proximity to Iowa Speedway

Exclusively Listed By

Matt Spangenberg

Associate Vice President
  mspangenberg@northmarq.com      +1 312.777.2442

Daniel Herrold

Senior Vice President
  dherrold@northmarq.com      +1 918.814.1966

Michael Zimmerman

Vice President
  mzimmerman@northmarq.com      +1 954.290.6366

Vikaas Patni

Senior Associate
  vpatni@northmarq.com      +1 513.828.6252

Mitch Bensch

Investment Sales Analyst
  mbensch@northmarq.com   

In Association With:

Scott Briggs

IA Lic. #B67010000

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136


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