Restaurant Retail Office
For Lease
Contact for pricing
5525 Merle Hay Rd, Johnston, IA 50131
Restaurant space is available in a highly visible retail/office building with abundant parking and an optional outlot.
Space Size3,006 SF
Days on Market704
Property Features for 5525 Merle Hay Rd
General Information
Standard status
Active
Size
3,006 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 5525 Merle Hay Rd Contact us- Floor
- 1
- Size
- 3,006 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
3006 SF Retail/Restaurant Space For Lease in Johnston Station $18/SF/Yr
- Highly Visible Retail/Office Building
- Restaurant Space
- Abundant Parking
-...
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Contact us
Listing Agency:
Denny Elwell Company
(515) 964-1587
Listed By:
Carson Hughes · License #S60432000
(515) 314-9146
Source:
Moodyscre
Added: Oct 9, 2024
Changed: Sep 5
Last Checked: Sep 12 at 10:53AM
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 Denny Elwell Company
Investment Insights
Based on property information with market context.
This for-lease retail/office building offers dedicated restaurant space in a highly visible setting. The property also includes abundant parking to support customer access and daily operations.
An outlot is available for lease or build-to-suit (BTS), providing flexibility for a complementary use or an expansion plan depending on tenant requirements.
The asset is well-suited for operators looking for a prominent storefront presence with on-site parking and the option to incorporate an additional outlot under a separate lease or BTS arrangement.
An outlot is available for lease or build-to-suit (BTS), providing flexibility for a complementary use or an expansion plan depending on tenant requirements.
The asset is well-suited for operators looking for a prominent storefront presence with on-site parking and the option to incorporate an additional outlot under a separate lease or BTS arrangement.
Key Highlights
- Restaurant space available in a retail/office building.
- Highly visible building location per listing remarks.
- Abundant parking on site.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 67%
Shops & Services 24%
Home Improvements & Furnishings 9%
Hy-Vee
Groceries
31,392 visits/mo
0.3 miles
Wells Fargo
Shops & Services
5,462 visits/mo
0.4 miles
Johnston Ace Hardware
Home Improvements & Furnishings
4,449 visits/mo
0.3 miles
Dollar General
Shops & Services
3,713 visits/mo
0.5 miles
BMO Harris Bank
Shops & Services
938 visits/mo
0.2 miles
Demographics for 50131, IA
24,434
Population
9,975
Households
2.4
Avg Household Size
37
Median Age
58%
College-Educated
97%
High-School Grad
23.7 sq mi
ZIP Area
1,031
Density / Sq Mi
$103,316
Median Household Income
$61,532
Median Earnings
$1,284
Median Rent
$347,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Restaurant space is available in a highly visible retail/office building with abundant parking and an optional outlot.
Where is this retail space located?
The property is located at 5525 Merle Hay Rd Johnston, IA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Restaurant space available in a retail/office building.; Highly visible building location per listing remarks.; Abundant parking on site.
