Office Building with Modern
For Sale
Contact for pricing
12119 Stratford Dr, Clive, IA 50325
Well-maintained office building with private offices, collaborative workspaces, and conference rooms, plus ample onsite parking.
Property Size16,080 SF
Price / SF$195.90
Days on Market66
Property Features for 12119 Stratford Dr
General Information
Standard status
Active
Size
16,080 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
CBRE
(515) 778-0739
Listed By:
Riley Hogan · License #S33231000
(515) 778-0739
Source:
Moodyscre
Added: May 26
Changed: Jul 26
Last Checked: Jul 30 at 12:00PM
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 CBRE
Investment Insights
Based on property information with market context.
12119 Stratford Drive is a well-maintained office building with a modern buildout designed for day-to-day business use. The space includes private offices, collaborative workspaces, and conference rooms.
The property is located just off University Avenue in Clive’s “Medical Mile” area, with immediate access to Interstate 80/35 for employees and clients. Surrounding amenities include restaurants, fitness centers, medical facilities, and retail, supported by ample onsite parking.
The property is located just off University Avenue in Clive’s “Medical Mile” area, with immediate access to Interstate 80/35 for employees and clients. Surrounding amenities include restaurants, fitness centers, medical facilities, and retail, supported by ample onsite parking.
Key Highlights
- Well‑maintained office building with private offices, collaborative workspaces, and conference rooms
- Located just off University Avenue in Clive’s “Medical Mile” area
- Immediate access to Interstate 80/35 for convenient employee and client commuting
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $353.1k | $21.96 |
| − Vacancy | −$70.6k | −$4.39 |
| EGI | $282.5k | $17.57 |
| − OpEx | −$70.6k | −$4.39 |
| NOI | $211.9k | $13.18 |
16,080 SF · lease $21.96/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.03M
$2.65M – $3.53M
NOI $211,870 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$15.48M
$13.54M – $18.06M
NOI $1,083,535 @ 7.0% cap · market cap 34.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,819
Businesses Nearby
Explore this area
Business Placement
Demographics for 50325, IA
18,619
Population
7,455
Households
2.5
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
7.7 sq mi
ZIP Area
2,418
Density / Sq Mi
$131,082
Median Household Income
$63,495
Median Earnings
$1,099
Median Rent
$379,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office building with private offices, collaborative workspaces, and conference rooms, plus ample onsite parking.
Where is this office building located?
The property is located at 12119 Stratford Dr Clive, IA.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Well‑maintained office building with private offices, collaborative workspaces, and conference rooms; Located just off University Avenue in Clive’s “Medical Mile” area; Immediate access to Interstate 80/35 for convenient employee and client commuting
