Listed by Trev Adair of Pinnacle Realty LLC
Commercial Investment Opportunity: Absolute NNN Leased Pizza Ranch in Newton, IA Now available: a fully stabilized net lease property occupied by Pizza Ranch, located at 1500 W 18th St S in Newton, Iowa. Property Details: o Building Size: 4,968 square feet o Lease Type: Absolute NNN (zero landlord responsibilities) o Lease Term: 15 years (commenced May 1, 2023) o Annual Rent Increases: Approximately 2% Financial Overview: o Asking Price: $2,215,000 o 2025 NOI: $139,970.64 o 2026 NOI: $142,770.05 o 2037 NOI: $181,066.95 Investment Highlights: o Truly passive ownership with an absolute NNN lease structure o Tenant covers all expenses, including taxes, insurance, CAM, and all repairs (roof, structure, HVAC, and major systems) o Built-in annual rent growth for long-term income stability o Ideal for 1031 exchange investors seeking predictable, long-duration cash flow

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Property Details of 1500 W 18th Street S

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