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Office/Flex Space with Mezzanine
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1050 Southeast Olson Drive, Waukee, IA 50263

Well-equipped office-flex layout with warehouse mezzanine, overhead door access, and multiple office and production areas.

Space Size4,235 SF
Days on Market62

Property Features for 1050 Southeast Olson Drive

General Information

Standard status Active
Size 4,235 SF
Property subtype Office, Industrial

Site & Location

Traffic Count 12,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Drive-In Doors 1

Building Details

Year Built 2003

Spaces For Lease

at 1050 Southeast Olson Drive Contact us

Ste E

Size
4,235 SF
Type
Office, Industrial
<p>Unit Includes Mezzanine in Warehouse, Restoom in Warehouse and Office, Kitchen...
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Listing Agency: CDM Real Estate Services
Listed By: Scott Campney · License #B35388000
Source: Crexi
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 3 at 12:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CDM Real Estate Services

Investment Insights

Based on property information with market context.

This office/flex suite offers 4,235 SF with a built-out interior for both working and customer-facing functions. The unit includes a mezzanine within the warehouse area, plus restroom facilities located in both the warehouse and office portions. Tenant support spaces include a kitchen area and a conference room, along with collaboration space and both private and open office areas. A dedicated production area provides access between the office and warehouse, and an overhead door is included for operational convenience.

The property is located a few blocks north of Gilcrest Jewett Lumber Company. It is centrally positioned between Hickman Road (Hwy 6) and University Avenue, with easy access to I-35 via Alice’s Road/Grand Prairie Parkway. The site is a signalized corner at Alice’s Road and SE Olson Drive, and the listing notes daily traffic counts of 12,000 VPD on Alice’s Road.

With office and production areas under one roof and overhead door access, this space is positioned for users that need functional warehouse capacity alongside an on-site office component. The suite is available for lease on a NNN basis, with an estimated operating expense of $5.60 PSF and a listed lease rate of $10.00 PSF.

Key Highlights

  • 4,235 SF office/flex space with lease rate of $10.00 PSF NNN
  • Estimated operating expenses of $5.60 PSF
  • Unit includes warehouse mezzanine, restrooms in warehouse and office, kitchen area, and conference room

Property Analytics

Current Use

Energy Masters Commercial General Contractor Racer Parts Wholesale Auto Parts Store Actis Wealth Management Financial Advisor CMS Coatings Powder Coating Service ​HoosierDirect.com Auto Parts Store

Suggested Use

Top Pick Law Firm HVAC Service Grocery & Convenience Store Furniture & Home Goods Bakery Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
12,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

419
Businesses Nearby
Under-served
Demand for This Use

Demographics for 50263, IA

24,817
Population
11,323
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
96%
High-School Grad
27.5 sq mi
ZIP Area
902
Density / Sq Mi
$107,864
Median Household Income
$62,430
Median Earnings
$1,296
Median Rent
$332,500
Median Home Value

Market

Properties on Market for Flex space in Waukee

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Well-equipped office-flex layout with warehouse mezzanine, overhead door access, and multiple office and production areas.
Where is this flex space located?
The property is located at 1050 Southeast Olson Drive Waukee, IA.
What are key features of this property?
This property features: 4,235 SF office/flex space with lease rate of $10.00 PSF NNN; Estimated operating expenses of $5.60 PSF; Unit includes warehouse mezzanine, restrooms in warehouse and office, kitchen area, and conference room
More about this property
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