Contact us: 563.441.1776
Description
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: ? Building Size: 4,968 square feet ? Lease Type: Absolute NNN (zero landlord responsibilities) ? Lease Term: 15 years (commenced May 1, 2023) ? Annual Rent Increases: Approximately 2% Financial Overview: ? Asking Price: $2,215,000 ? 2025 NOI: $139,970.64 ? 2026 NOI: $142,770.05 ? 2037 NOI: $181,066.95 Investment Highlights: ? Truly passive ownership with an absolute NNN lease structure ? Tenant covers all expenses, including taxes, insurance, CAM, and all repairs (roof, structure, HVAC, and major systems) ? Built-in annual rent growth for long-term income stability ? Ideal for 1031 exchange investors seeking predictable, long-duration cash flow
Property Highlights
Property Type: Commercial - Business
Year Built: 2007
Lot Size: 1.20 acres
General Information
County: Jasper
Listed By:
Pinnacle Realty LLC
Trev Adair
319-393-0900
Cedar Rapids MLS
MLS ID: 2602108
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1500 W 18th St S, Newton, IA 50208.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $2,145,000 | $2,145,000 | $2,145,000 |
| Down Payment | $75,075 | $0 | $429,000 |
| Monthly Mortgage Amount | $12,968 | $13,491 | $10,706 |
| Taxes | $2985 | $2985 | $2985 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,287 | $0 | $0 |
| Monthly Estimated Total | $17,866 | $17,102 | $14,317 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 12:19:04 AM EST) or MRED MLS (last updated Wed 06/03/2026 12:12:06 AM EST) or SCWMLS (last updated Tue 06/02/2026 11:54:53 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 06/02/2026 10:15:18 PM EST) or Cedar Rapids MLS (last updated Tue 06/02/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Wed 06/03/2026 12:18:40 AM EST) or ICAAR MLS (last updated Tue 06/02/2026 11:37:25 PM EST) or ECIMLS (last updated Tue 06/02/2026 11:44:13 PM EST) or RMLSA (last updated Wed 06/03/2026 12:10:56 AM EST) or Muscatine MLS (last updated Wed 06/03/2026 12:15:08 AM EST) or No Coast MLS (last updated Wed 06/03/2026 12:14:20 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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