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Single-Tenant Class A Office Building
For Sale
Contact for pricing
Pending

1500 NW 118th Street, Clive, IA 50325

Leased office asset with a long-term extension option and CPI-based rent adjustments.

Property SizeContact for details
Days on Market142

Property Features for 1500 NW 118th Street

General Information

Standard status Pending
Class Class A
Property subtype Office

Building Details

Buildings 1
Tenancy Single
Listing Agency: Keller Williams Ankeny Metro
Listed By: Tom Butler · License #S58866000
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 2:40PM

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 Keller Williams Ankeny Metro

Investment Insights

Based on property information with market context.

This Class A office building is occupied by a single tenant under a lease with 5 years remaining. The agreement also includes an additional 5 year option and CPI-based rate increases.

The property is located at 1500 NW 118th Street in Clive, Iowa, within the western suburb area of the Des Moines metro. Its single-tenant configuration and defined lease term provide a straightforward office asset profile.

Key Highlights

  • Class A office building occupied by a single tenant
  • 5 years remaining on the current lease
  • Additional 5 year lease option

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Building Supply Garden Center Storage Facility Parking Lot & Garage

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,141
Businesses Nearby

Demographics for 50325, IA

18,619
Population
7,455
Households
2.5
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
7.7 sq mi
ZIP Area
2,418
Density / Sq Mi
$131,082
Median Household Income
$63,495
Median Earnings
$1,099
Median Rent
$379,000
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
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Frequently Asked Questions

What type of property is this?
Office building - Leased office asset with a long-term extension option and CPI-based rent adjustments.
Where is this office building located?
The property is located at 1500 NW 118th Street Clive, IA.
What are key features of this property?
This property features: Class A office building occupied by a single tenant; 5 years remaining on the current lease; Additional 5 year lease option
More about this property
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