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1220 W 18Th St S Newton, IA 50208

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New construction Starbucks in Newton, IA, near Interstate 80.

Property size:
2,160 SF

Property Features for 1220 W 18Th St S

General Information

Size
2,160 SF

Building Details

Year built
2024

Source: Tyler Strauss Agent Tyler Strauss

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


Overview

New Drive-Thru Starbucks Investment

This is a net-leased Starbucks investment property in Newton, Iowa. The property, which opened in March 2024, is located adjacent to Interstate 80. The quick-service coffee restaurant has commenced a 10-year lease with 7.5% rental increases every 5 years. The lease with Starbucks has minimal landlord responsibilities. The Starbucks property serves the residents of Newton, travelers on Interstate 80, and visitors to the INDYCAR and NASCAR races at the nearby Iowa Speedway. This location benefits from the synergy created by adjacent QSR and Convenience brands including Casey’s General Store, Taco Bell, Hardee’s, and Culver’s. Newton has more than 26,000 residents within a 10-mile radius and is located 28 miles from downtown Des Moines, Iowa. The Des Moines, IA MSA has grown 15.6% from 2013-2023. The property is a drive-thru equipped building on a freestanding 0.66 acre parcel. The property size is 2,160 square feet. The Starbucks self-maintains the parking lot. The location is proximate to a local high school, community college, MercyOne Medical Center and Iowa Speedway. The adjacent Casey’s has over 591,900 visitors in the last 12 months.
Insight Report Location Intelligence

Current Use by Public Records

Coffee shops

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

Similar Places Nearby

Starbucks

Location Insight

  • Map
  • Local Demand
City
Newton
County
Jasper
State
Iowa
Longitude
-93.076249
Latitude
41.688031

FAQs

What type of property is this?
Coffee shop - New construction Starbucks in Newton, IA, near Interstate 80.
Where is this coffee shop located?
The property is located at 1220 W 18Th St S Newton, IA.
What are key features of this property?
This property features: - Brand new, long-term (10 year) net-leased Starbucks with corporate guarantee; - Strategic location adjacent to Interstate 80, a major transcontinental freeway; - Located in high-growth Des Moines MSA, which has outpaced other Midwest markets in growth
More about this property
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