3150 24th Ave

3150 24th Ave, Council Bluffs, IA 51501

Property Information

  • For Sale $1,500,000
  • Property Type Retail - Freestanding
  • Property Size 5,088 SF
  • Lot Size 1.64 Acre
  • Property Tenancy Single Tenant
  • Year Built 2006
  • Date Updated Jul 27, 2026

Description

Prime Council Bluffs location with convenient access to I-80 and I-29, surrounded by major entertainment, hospitality, retail, and sports destinations, providing exceptional visibility and strong consumer traffic.Excellent investment opportunity featuring a 100% leased, single-tenant retail property occupied by Hometown Cookout. The property offers 5.5 years of remaining lease term, providing stable cash flow and long-term income for investors. With an established tenant in place and no immediate leasing risk, this is an ideal opportunity for investors seeking a passive, income-producing asset.

Highlights

  • 100% leased single-tenant investment opportunity
  • 5.5 years remaining on the current lease
  • 6.5% Cap Rate with Additional Land for a Future Kiosk or Building Development
  • Occupied by Hometown Cookout
  • Passive investment with established tenant
  • Stable, in-place cash flow
  • Well-maintained retail property in a strong commercial corridor

Contacts

Location

Located at 3150 24th Ave, Council Bluffs, IA 51501, this property is part of the Casino Row neighborhood and Omaha market.

Contact Listing Broker
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