±11 Years Remaining on an Absolute NNN Lease – There are approximately ±11 years remaining on an initial 20 year lease. Tenant is responsible for paying all Taxes, Insurance, and Maintenance expenses, providing an investor complete passive ownership.
Recent Remodels – Both the exterior and interior were remodeled in 2016 and 2022, providing a refreshed look to each.
FMI Group Operator – Franchise Management Investors US, LLC operates ±55 KFC Units, proving their established operations. Additionally, the brand operates more than 400 locations across North America, such as Pizza Hut, Taco Bell, Burger King, and Panera Bread.
Strong Traffic Counts – Location benefits from strong traffic volumes along University Ave, seeing over 24,248+ vehicles per day.
5-Mile Population Exceeds ±78,236 – The 5-mile population as of 2025 is ±78,236, additionally benefiting from an average household income within a 5-mile radius of $97,867.
Proximity to The University of Northern Iowa – Location benefits from immediate proximity (2.5 Miles) to the University of Northern Iowa, with an enrollment exceeding 9,200+ students.