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202 11th Street Sw Plz
Spencer, IA 51301

$799,000 USD

Fast Food For Sale  •  3,200 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,200 SF
  • Lot Size 0.9 AC
  • Building Class C
  • Year Built 1979
  • Tenancy Single
  • Zoning C
0 Transit Score
51 Walk Score

Highlights

Personal Guaranteed Lease Backed by Over 40 Units.
Spencer Serves as a Regional Hub for the Surrounding 20 Mile Radius.
Spencer IA has grown by 2.98% since last census.
Abelardo's is Positioned Along Spencer's Main Retail Corridor.
Nearby Retailers Include Walmart, Bomgaars, Hobby Lobby, KFC, Jersey Mike's, Menard's, and Many Others.
Replaceable Rents of $13.24/SF Make This a Fundamentally Sound Investment.
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services