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Retail Suite with Private Offices
For Lease
$8 SF/Yr

1320 Lake Street, Spirit Lake, IA 51360

The space includes patient-room configuration, storage, and a break room, with build-out options available.

Space Size3,160 SF - 4,960 SF
Days on Market2732

Property Features for 1320 Lake Street

General Information

Standard status Active
Size 3,160 SF - 4,960 SF
Net Rentable 3,160 SF
Lease Type NNN

Space & Availability

Available Space 3,160-4,960 SF
Contiguous Space 3,160 SF
Space Use Medical Office
Private Offices 9

Additional Details

Highway Access Yes

Building Details

Year Built 2006
Units 3
Listing Agency: NextHome at the Lakes
Listed By: Katie Slater · License #7605
Source: Lakelandrealtyofiowa
Added: May 4, 2019 Changed: Oct 24 Last Checked: Oct 24 at 2:44PM

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 NextHome at the Lakes

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Investment Insights

Based on property information with market context.

This retail suite in a strip mall provides 3,160 square feet with nine private offices or patient rooms, two to three storage rooms, and a break room. The space was built in 2006. Modifications, including demolition or new build-out, can be considered to suit the intended configuration. Adjacent spaces may also be combined, with a potential total of 4,960 square feet.

The strip mall is one block north of HWY 9/71. Other businesses in the center include Sanford Medical, All Fur Love Pet Grooming, Hospice, Ayom Wellness, and All Pets Animal Clinic. The suite is offered for lease and may accommodate office, medical, or retail use.

Key Highlights

  • 3,160 SF suite with nine private offices or patient rooms
  • Two to three storage rooms and a break room
  • Adjacent space can be combined for up to 4,960 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Auto Parts Store Grocery & Convenience Store Hair Salon Building Supply Garden Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby

Demographics for 51360, IA

8,553
Population
6,638
Households
1.3
Avg Household Size
49
Median Age
35%
College-Educated
97%
High-School Grad
105.2 sq mi
ZIP Area
81
Density / Sq Mi
$77,464
Median Household Income
$41,043
Median Earnings
$1,005
Median Rent
$256,000
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

Frequently Asked Questions

What type of property is this?
Retail space - The space includes patient-room configuration, storage, and a break room, with build-out options available.
Where is this retail space located?
The property is located at 1320 Lake Street Spirit Lake, IA.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 3,160 SF suite with nine private offices or patient rooms; Two to three storage rooms and a break room; Adjacent space can be combined for up to 4,960 SF
More about this property
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