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1500 W 18th Street S Newton, IA $ 2,145,000
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1500 W 18th Street S
$ 2,145,000
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1500 W 18th Street S

Newton, IA, 50208
$ 2,145,000
Bedrooms-- Baths-- Sq 4,968

Monthly Estimate*

$ 13,544

​

Commercial Property for sale in Newton, IA

for $2,145,000. This 4,968 square foot building was built in 2007 on a lot size of 1.2.

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) • Builtin annual rent growth for long-term income stability • Ideal for 1031 exchange investors seeking predictable, long-duration cash flow

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Commercial Active

Price

$ 2,145,000

Property Type

Commercial

Taxes

$ 26,060

Style

Lot Size

1.2

Year Built

2007

Town/City

Newton

County/Region

Jasper

MLS | Web ID

745068
List By
Trev Adair

Listing Agent

Pinnacle Realty, Llc

Broker

trev@pinnaclerealtyia.com

Email

Affordability Calculator

$15,715
Per Month
86%
14%
0%
Monthly Principal & Interest
$13,544
Monthly Property Taxes
$2,172
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/13/2026$2,145,000 Listed Price

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1500 W 18th Street S, Newton, IA, 50208 is a Commercial Property for sale at $2,145,000 with 4,968 sqft and a lot size of 1.2. 1500 W 18th Street S was built in 2007. The property's zip code is 50208 which is in Newton, IA

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