New Drive-Thru Starbucks
For Sale
$2,308,000
1220 W 18th St S, Newton, IA 50208
New construction Starbucks in Newton, IA, near Interstate 80.
Property Size2,160 SF
Price / SF$1,068
Days on Market269
Property Features for 1220 W 18th St S
General Information
Standard status
Active
Size
2,160 SF
Property subtype
Retail
Net Operating Income
$149,990
Building Details
Building Size
2,160 SF
Year Built
2024
Listing Agency:
Faris Lee Investments
(949) 633-1872
Listed By:
Tyler Strauss · License #CalDRE #02059923
(949) 633-1872
Source:
Farislee
Added: Nov 25, 2025
Changed: Aug 8
Last Checked: Aug 21 at 5:12AM
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 Faris Lee Investments
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50208, IA
20,918
Population
8,919
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
158.5 sq mi
ZIP Area
132
Density / Sq Mi
$61,064
Median Household Income
$37,490
Median Earnings
$830
Median Rent
$161,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Starbucks — 1220 W 18th St S, Newton, IA 50208
Frequently Asked Questions
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 is the asking price?
The asking price for this property is $2,308,000.
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
