Building Details

Year Built 2024

Listing Agency: JLL - Des Moines, Iowa Show Phone

Listed By: Nicholas Anderson · License #S69893000

Source: Crexi

Added: May 5, 2022 Changed: Jul 6 Last Checked: Jul 31 at 7:18AM

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Investment Insights

Based on property information with market context.

Hughes Century Crossing at Norwalk Central is a mixed-use development encompassing a 20+ acre sports campus with turf fields and an indoor recreation center. The campus hosts local, regional, and national events. The development also includes restaurants, retail spaces, and hotels. The ongoing project features Gregg Young Sports Campus, City State Bank Norwalk Fieldhouse for public recreation, and a planned amphitheater. A 10-foot bike trail connects Highway 28 to East 18th Street. Located along Highway 28, Hughes Century Crossing provides access to major travel corridors and Metro communities.

Key Highlights

• Part of a thriving mixed‑use development.
• Features an expansive 20+ acre sports campus.
• Includes turf fields and an indoor recreation center.

Property Analytics

Property Profile

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Auto Repair Shop Dental Office

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

$4.13 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

258

Businesses Nearby

Explore this area Business Placement

Demographics for 50211, IA

15,158

Population

6,469

Households

2.3

Avg Household Size

37

Median Age

37%

College-Educated

98%

High-School Grad

58.6 sq mi

ZIP Area

259

Density / Sq Mi

$97,661

Median Household Income

$52,755

Median Earnings

$883

Median Rent

$293,800

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Mixed-use development featuring a 20+ acre sports campus.

Where is this mixed-use property located?

The property is located at 1400 Chatham Ave Norwalk, IA.

What is the lease rate?

The lease rate is $27.50 SF/Yr.

What are key features of this property?

This property features: Part of a thriving mixed‑use development.; Features an expansive 20+ acre sports campus.; Includes turf fields and an indoor recreation center.