Transwestern Midwest Capital Markets is pleased to present investors with the opportunity to acquire the 100% fee simple interest in 1920 Adams Street - a HyVee shadow anchored retail pad 100% occupied by Jersey Mikes, Five Guys and Noodles and Co. Situated at the southwest corner of Adams and Haefner, the asset sits directly in the ingress/egress point for all HyVee shoppers. The 7,480 square foot retail center boasts a weighted average lease term of 7.4 years after recently extending Jersey Mikes for an additional 10 years and adding a brand new Noodles and Co. end cap and pick up window. With an internet-resistant tenant roster, 1920 Adams affords investors the ability to purchase a low-risk, hands-off, net-leased asset with built in rental increases.
- Property Type : Retail
- Class : B
- Listing Size : 7,502
- Year Built : 1996
- Stories : 1
- Typical Floor Size : 7,502