Retail L Iowa

Colliers International sells Hardee's-anchored building in Iowa

Colliers International sells Hardee's-anchored store,ph01

Colliers International closed the sale of a 4,159-square-foot retail building in Mt. Pleasant, Iowa, housing a Hardee’s fast food restaurant for more than $1.7 million. The property is located at 905 E. Washington St. in Mt. Pleasant.

Jon Busse, Joe Crotty and Josh McFadyen of Colliers International’s San Diego region represented the buyer, the Kuhn Family Trust. Justin Zahn of CIA Commercial Investment Advisors represented the seller, 4 G Properties, LLC.

The property is leased to Westar Food, a Hardee’s franchisee with 36 locations. The property is adjacent to retailers including Walmart, True Value Rental, Dollar General, Advance Auto Parts, Peebles, Anytime Fitness and O’Reilly Auto Parts.