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Second-Generation Restaurant Space
New
For Lease
$25 SF/Yr

116 Welch Avenue, Ames, IA 50014

The space offers a prior restaurant configuration and is available for lease.

Space Size2,200 SF
Days on Market4

Property Features for 116 Welch Avenue

General Information

Standard status Active
Size 2,200 SF
Net Rentable 2,200 SF
Class C
Property subtype retail

Space & Availability

Available Space 2,200 SF
Contiguous Space 2,200 SF
Space Use Restaurant
Available From Immediate
Listing Agency: Des Moines
Listed By: Meredith Hedstrom · License #S20230267
Source: Property.jll
Added: Oct 7 Last Checked: Oct 9 at 4:23PM

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 Des Moines

Investment Insights

Based on property information with market context.

This 2,200-square-foot restaurant space at 116 Welch Avenue in Ames is available for lease. Its second-generation configuration reflects prior restaurant use.

The property is near Iowa State University, which has approximately 30,770 students, and sits steps from Lincoln Way, reported at 16,100 vehicles per day. The address is within the surrounding retail area along Welch Avenue.

Key Highlights

  • 2,200 SF of second‑generation restaurant space
  • 116 Welch Avenue address in Ames, IA 50014
  • Near Iowa State University, with approximately 30,770 students

Property Analytics

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Current Use

Macubana Restaurant Shape Digital Advertising Agency

Suggested Use

Top Pick Building Supply Auto Repair Shop Law Firm Big Box & Wholesale Store Dental Office Auto Parts Store

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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,052
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 55% Shops & Services 45%
Dunkin' Donuts Dining
11,507 visits/mo 0.3 miles
Kum & Go Shops & Services
10,783 visits/mo 0.2 miles
U.S. Bank Shops & Services
4,607 visits/mo 0.1 miles
Jimmy John's Dining
4,099 visits/mo 0.1 miles
Insomnia Cookies Dining
1,540 visits/mo 0.2 miles

Demographics for 50014, IA

31,587
Population
14,860
Households
2.1
Avg Household Size
26
Median Age
69%
College-Educated
98%
High-School Grad
54.2 sq mi
ZIP Area
583
Density / Sq Mi
$57,372
Median Household Income
$20,952
Median Earnings
$1,083
Median Rent
$312,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The space offers a prior restaurant configuration and is available for lease.
Where is this conventional restaurant located?
The property is located at 116 Welch Avenue Ames, IA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 2,200 SF of second‑generation restaurant space; 116 Welch Avenue address in Ames, IA 50014; Near Iowa State University, with approximately 30,770 students
More about this property
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