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Commercial > Specialty
Active
05/05/2025
List Price
$1,350,000

3441 86th St
Urbandale, IA 50322

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  • Malobo BannerMalobo Banner Square
    3441 86th St, Urbandale, IA 50322 is a 3 bed, 1 bath, 5,952 ft² commercial specialty property property built in 1990 on a 1.070 acre lot with 3 construction permits. This commercial specialty property is currently for sale for $1,350,000, and it was last sold in 2019 for $115,000.

    MLS Description

    The listing agent's description. Original Listing

    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.

    Listing Agents

    The listing agent for 3441 86th St is Pedersen, Kyle.

    Permits

    3441 86th St has 3 permit records.

    Permit History
    3
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    3441 86th St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 3441 86th St

    School Information

    Public/private schools serving 3441 86th St

    Neighborhood

    This property is located in Urbandale.

    Market Trends

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    Copyright © 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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