Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6200 Northwest Aurora Ave Urbandale, IA 50322

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $15 SF/Yr

    Office building for lease in Urbandale, Iowa.

    Property size:
    157,488 SF
    Lot size:
    157,488 SF

    Property Features for 6200 Northwest Aurora Ave

    General Information

    Standard status
    Active
    Size
    157,488 SF

    We can help!

    Listing Contact
    Bill Wright
    Source: Cbre

    Listing Agency: CBRE Listing Agent: Bill Wright

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Six-Story Office Building For Lease

    This six-story office building for lease in Urbandale, Iowa, offers an opportunity for businesses seeking professional office space. The property features spacious and versatile floor plans, providing the flexibility to customize the workspace. The property is situated adjacent to Merle Hay Mall, within an established business and retail community, and has access to major transportation routes. The building has a property size of 157488 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.7353
    Latitude
    41.632

    Nearby Similar for Lease

    • $16 SF/Yr
      4,265 SF

      Retail Space in Urbandale

      Retail space available in a multi-tenant building in Urbandale.
      3701-3757 86 St, Urbandale, IA
      View Details
    • Contact for pricing
      7,866 SF

      Retail and Office Center ForRent

      Multi-tenant retail and office center in Urbandale, Iowa.
      7501-7611 Douglas Ave, Urbandale, IA 50322
      View Details
    • $12 SF/Yr
      1,388 SF

      Retail Space in Urbandale Center

      Retail spaces available in high-traffic Urbandale location.
      8104-8128 Douglas Ave, Urbandale, IA 50322
      View Details
    • $10 SF/Yr
      2,400 SF

      Retail Space in Urbandale Center

      Retail space available in established Urbandale business community.
      3890-3916 NW Urbandale Dr, Urbandale, IA 50322
      View Details
    • $12 SF/Yr
      1,000 SF

      Retail Space in Urbandale Corridor

      Retail spaces available in high-traffic Urbandale location.
      8000-8056 Douglas Ave, Urbandale, IA 50322
      View Details
    • $12 SF/Yr
      3,000 SF

      Retail Space in Colby Woods

      Retail space for lease in Urbandale's desirable neighborhood corridor.
      8066-8080 Douglas Ave, Urbandale, IA 50322
      View Details
    • Contact for pricing
      4,928 SF

      Retail Space on High-Traffic Corridor

      Prime retail opportunity with excellent visibility in Urbandale, Iowa.
      3800 100 St, Urbandale, IA
      View Details
    • Contact for pricing
      1,479 SF

      Modern Office Space Available

      Newly built-out office space with excellent visibility.
      2646-2650 100 St, Urbandale, IA
      View Details
    • $10 SF/Yr

      High-Traffic Urbandale Retail Center

      Retail spaces available in high-traffic Urbandale neighborhood center.
      8401 Hickman Rd, Urbandale, IA 50322
      View Details
    • $10 SF/Yr

      Visible Office Space on Merle Hay

      Highly visible office space with utilities included near I-80.
      4685 Merle Hay Rd, Urbandale, IA 50322
      View Details
    • Contact for pricing

      Retail Sublease in Urbandale Center

      High-traffic retail sublease opportunity in Urbandale's Cobblestone Marketplace.
      8405 Hickman Rd, Urbandale, IA 50322
      View Details
    • $8 SF/Yr
      8,412 SF

      NW Urbandale Drive Warehouse Space

      Warehouse space with office, drive-in doors, and ample parking.
      4154-4180 NW Urbandale Dr, Urbandale, IA 50322
      View Details

    FAQs

    What type of property is this?
    Office building - Office building for lease in Urbandale, Iowa.
    Where is this office building located?
    The property is located at 6200 Northwest Aurora Ave Urbandale, IA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Favorable rental terms for office space.; - Versatile floor plans adaptable to specific business needs.; - Excellent location adjacent to Merle Hay Mall.
    (515) 210-3050
    Request Owner's contact information
    6200 Northwest Aurora Ave Urbandale, IA 50322
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6200 Northwest Aurora Ave
    Urbandale, IA 50322
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6200 Northwest Aurora Ave Urbandale, IA 50322
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bill Wright
    (515) 210-3050 (515) 224-4900 (515) 415-6100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!