Waukee Brewery with Dog
255 Northwest Sunrise Drive Waukee, IA 50263
For Sale
$2,950,000
Brewery with patio and dog park near bike trail.
Property Size12,180 SF
Lot Size0.50 Acres
Price / SF$242.20
Days on Market122
Property Features for 255 Northwest Sunrise Drive
General Information
- Standard status
- Active
- Size
- 12,180 SF
- Lot size
- 0.50 Acres
- Property subtype
- Retail
Listing Agency:
CBRE - Des Moines
(515) 865-2985
Listed By:
Tyler Dingel · License #S56502000
(515) 865-2985
Source:
Cbre
Added: Mar 25
Changed: Jul 10
Last Checked: Jul 24 at 6:15AM
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 - Des Moines
Investment Insights
Based on property information with market context.
This property features a brewery equipped with top-of-the-line brewing equipment, ready for operations. The award-winning building design incorporates Japanese Shou Sugi Ban siding, constructed with low-maintenance Accoya wood. Adjacent to the Raccoon River Valley Bike Trail, the property includes a large patio and a 0.5-acre dog park. It is located just off Hickman Road in Waukee, near Waukee Northwest High School, Triumph Park, and numerous new housing developments. The property size is 12,180 square feet.
Key Highlights
- Top of the line brewery equipment in place and ready for operations.
- Large patio & 1/2 acre dog park adjacent to Raccoon River Valley Bike Trail.
- Award‑winning building design featuring Japanese Shou Sugi Ban siding made with low maintenance Accoya wood.
Financial Insights For Specialty Retail
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 | $219.2k | $18.00 |
| − Vacancy | −$17.5k | −$1.44 |
| EGI | $201.7k | $16.56 |
| − OpEx | −$50.4k | −$4.14 |
| NOI | $151.3k | $12.42 |
12,180 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.16M
$1.89M – $2.52M
NOI $151,276 @ 7.0% cap · market cap 5.13%
Second Best
Industrial
$713.5K
$624.3K – $832.4K
NOI $49,942 @ 7.0% cap · market cap 1.69%
Theoretical Best
Flex RnD
$11.72M
$10.26M – $13.68M
NOI $820,738 @ 7.0% cap · market cap 27.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kinship Brewing Company
Production Facility
FAQs
What type of property is this?
Brewery - Brewery with patio and dog park near bike trail.
Where is this brewery located?
The property is located at 255 Northwest Sunrise Drive Waukee, IA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Top of the line brewery equipment in place and ready for operations.; Large patio & 1/2 acre dog park adjacent to Raccoon River Valley Bike Trail.; Award‑winning building design featuring Japanese Shou Sugi Ban siding made with low maintenance Accoya wood.
