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    Boone, IA
    Drug Store

    Boone, IA Drug Stores for Sale

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    Ogden, IA Pilot Mound, IA Luther, IA Ames, IA Madrid, IA Woodward, IA Gilbert, IA Sheldahl, IA
    Freestanding Drug Store Building
    Updated: Mar 30
    Freestanding Drug Store Building

    403 Story Street, Boone, IA 50036

    $590,000
    2,010 sqft 0.41 AC lot
    2,010‑square‑foot building on 0.41 acres
    North‑side drive‑up window and electronic sign
    Large parking lot serving the freestanding building
    Commercial zoning in Boone, IA
    New sewer line installed in February 2025
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Boone, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Property in Des Moines
    Retail Property in Des Moines

    6200 Southeast 14th Street, Des Moines, IA 50320

    $3,150,000
    14,560 sqft

    Single-tenant retail property operating as a Walgreens.

    View details
    Retail Store Building
    Retail Store Building

    1850 Logan Ave, Waterloo, IA 50703

    Contact for pricing
    14,737 sqft

    For sale retail building offering a single commercial space.

    View details
    Absolute NNN Walgreens Retail
    Absolute NNN Walgreens Retail

    4415 Douglas Ave, Des Moines, IA 50310

    Contact for pricing

    For sale Walgreens with a new 15-year absolute NNN lease, zero landlord obligations, and corporate Walgreens guarantee.

    View details
    Net-Leased Walgreens Drug Store
    Net-Leased Walgreens Drug Store

    3910 University Ave, Waterloo, IA 50701

    Contact for pricing

    Fee simple ownership with more than nine years remaining on the initial lease and limited landlord responsibilities.

    View details

    Boone, IA Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Boone, IA on our real estate platform. These investment opportunities span a total of 2,010 square feet of properties for sale, with an estimated market value of $590,000.

    Sale prices for pharmacies in Boone, IA average $590,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 4
    Auto shops 1
    Automotive properties 1
    Drug stores 1
    Grocery and convenience stores 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) -0.8%
    Median Household Income $74,107
    College Educated 9.2%

    High-Yield Neighborhoods for Investment

    Identify Boone submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50036 $590K

    Taxes & Financing

    Tax Rate (average for all types) 2.32%
    Property Tax per SF $27.84 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Boone County

    New Delisted

    Total CRE Inventory on Market (SF)

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