Listing Agency: CBRE - Des Moines a***@cbre.com Show Phone

Listed By: Ajdin Nadarevic · License #S700000000 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 24 Last Checked: Aug 29 at 7:32AM

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Investment Insights

Based on property information with market context.

This commercial property, formerly a childcare and educational facility, offers a flexible interior layout suitable for a wide range of office, retail, education, medical, or community service uses. The 3,636 square foot space features multiple large rooms, four restrooms, a kitchenette, an office space, and a laundry room. The property benefits from an open layout and on-site parking. The exterior includes a fenced backyard. Located on West Broadway Street, the property offers high visibility and easy access to local and regional traffic. Situated in Polk City, just 16 miles northwest of Des Moines, the site is surrounded by residential homes and local businesses, and is minutes away from Saylorville Lake, the Tournament Club of Iowa, and downtown Polk City’s shops and restaurants.

Key Highlights

• High Visibility Along Broadway St
• Easy Access to Local & Regional Traffic
• Open Layout

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Hair Salon Nail Salon

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

$2.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

66

Businesses Nearby

Explore this area Business Placement

Demographics for 50226, IA

6,879

Population

2,517

Households

2.7

Avg Household Size

36

Median Age

48%

College-Educated

98%

High-School Grad

36.4 sq mi

ZIP Area

189

Density / Sq Mi

$161,627

Median Household Income

$76,033

Median Earnings

$746

Median Rent

$390,600

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?

Office units - Versatile commercial space in Polk City, suitable for various uses.

Where is this office units located?

The property is located at 1420 West Broadway Street Polk City, IA.

What is the lease rate?

The lease rate is $16 SF/Yr.

What are key features of this property?

This property features: High Visibility Along Broadway St; Easy Access to Local & Regional Traffic; Open Layout