# 1500 W 18th St S, Newton, IA 50208

> **TL;DR:** commercial, $2,145,000 ($432/sqft), built 2007, 4,968 sqft.
> A/C. Est. $9,295/mo. Listed 66 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,145,000 |
| Price/sqft | $432 |
| Square Feet | 4,968 |
| Year Built | 2007 |
| Lot Size | 52,272 sqft (1.20 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 66 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $9,295 |
| **Total** | **$9,295** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2007
- 1.20 acre lot

## Description

### Agent Description
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) - Built-in annual rent growth for long-term income stability - Ideal for 1031 exchange investors seeking predictable, long-duration cash flow

## Location

- **Address:** 1500 W 18th St S, Newton, IA 50208
- **County:** Jasper

## Listing Agent

- **Name:** Trev Adair
- **Brokerage:** Pinnacle Realty LLC
- **Phone:** (319) 350-9476
- **Email:** trev@pinnaclerealtyia.com

## Primary Photo

![1500 W 18th St S - Primary Photo](http://lh.rdcpix.com/5b83d804400c188f726cd6265da88abdl-f621164186r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/1500-w-18th-st-s-newton-ia-50208-2602108)*

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**MLS#:** 2602108 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1500-w-18th-st-s-newton-ia-50208-2602108)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "1500 W 18th St S, Newton, IA 50208",
  "description": "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",
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  "datePosted": "2026-06-19",
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