Wingstop & Billy Sims BBQ
1115 N Roosevelt, Burlington, IA 52601
Key features
- 10% RENTAL INCREASES Both leases feature 10% rental increases every five years, providing consistent NOI growth and a hedge against inflation.
- ATTRACTIVE RENEWAL OPTIONS Wingstop has four 5-year renewal options, while Billy Sims BBQ has two 5-year renewal options, each featuring continued 10% rental increases.
- ESTABLISHED RELOCATION STORES Both tenants relocated from existing Burlington locations, providing demonstrated operating history within the market. Wingstop has operated in the area since 2019, while Billy Sims BBQ has operated locally since 2016.
- EXPERIENCED WINGSTOP OPERATOR The Wingstop business was recently acquired by a large, experienced 130+ multi-unit operator that is now operating the location, adding operational strength to an already established store.
- HIGH-TRAFFIC HIGHWAY LOCATION Strategically positioned along N. Roosevelt Avenue / US-61 with approximately 14,400 VPD, immediately north of the US-34 interchange, where traffic volumes increase to approximately 17,300 VPD.
- LONG-TERM NNN LEASES The property features two long-term NNN leases with approximately 9 years of initial term remaining, providing an investor with durable income and limited landlord responsibilities.
- NEW 2025 CONSTRUCTION The approximately 4,000-square-foot, two-tenant retail building provides investors with a modern asset occupied by two established restaurant concepts with long-term operating histories in the Burlington market.
- STRONG BILLY SIMS GUARANTY The Billy Sims BBQ lease will be backed by a strong personal guaranty from an experienced multi-unit franchise operator, providing additional security to the property’s income stream.
- STRONG STORE PERFORMANCE Both locations benefit from established customer bases and have generated strong sales performance (approximately $1.5 mill each), supporting the long-term viability of each tenant at the property.
Building Details
- For Sale $2,026,667
- Property Type Retail - Freestanding
- Property Size 4,011 SF
- Units 2
- Lot Size 0.7 Acre
- Additional Rent Price on request
- Property Tenancy Multi-Tenant
- Year Built 2025
- Date Updated Oct 6, 2026
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Contacts
Prime Net Lease
Location
- City Burlington, IA
- Zip Code 52601
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Walk score 50/100 Somewhat Walkable
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Transit score 16/100 Minimal Transit
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Bike score 43/100 Somewhat Bikeable
Points of Interest
Circle K
0.42 miles
BP
0.46 miles
Hy-Vee
0.49 miles
Casey's General Store
0.61 miles
Shell
0.82 miles
Murphy USA
0.95 miles
Phillips 66
1.53 miles
Visitor Parking
1.59 miles
E Permit Parking
1.59 miles
F Permit Parking
1.60 miles
A Permit Parking
1.67 miles
B Permit Parking
1.75 miles
Emergency Parking
1.79 miles
C Permit Parking
1.81 miles
D Permit Parking
1.81 miles
7th and Valley Lot
1.89 miles
7th and Jefferson Lot
1.93 miles
Big Lots
0.28 miles
Marshalls
0.29 miles
Hy-Vee
0.38 miles
ALDI
0.48 miles
Kohl's
0.58 miles
Walmart Supercenter
1.05 miles
Westland Mall
1.32 miles
Younker's
1.34 miles
Fareway
1.43 miles
Farm King
1.58 miles
Listing Summary
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Property Financials 1115 N Roosevelt is currently listed for sale at $2,026,667 for a price per square foot of $505.28.
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Property Details 1115 N Roosevelt totals 4,011 square feet of Retail space on a lot spanning 0.7 acres. The property was initially built in 2025.
Tenancy at 1115 N Roosevelt is listed as Multi-Tenant, comprising a total of 2 units.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 50, indicating that it is somewhat walkable.
Prime Net Lease