Two-Tenant Retail
1804 Washington St Pella, IA 50219
1804 Washington St, Pella, IA, 50219
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For Sale
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Newly constructed two-tenant plaza anchored by Starbucks and Jersey Mike’s within a retail corridor setting.
Property Size4,126 SF
Lot Size1.76 Acres
Price / SF$876.23
Days on Market130
Property Features for 1804 Washington St
General Information
- Standard status
- Active
- Size
- 4,126 SF
- Lot size
- 1.76 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing agency
Horvath & Tremblay
Listed by
Bob Horvath · License #CT 756500
Source
Crexi
Added: Mar 16 Updated: Jul 22 at 8:10PM Checked: Jul 22 at 8:10PM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
Horvath & Tremblay presents an exclusive opportunity to acquire the fee simple interest in a two-tenant retail plaza located at 1804-1808 Washington Street in Pella, Iowa. The newly constructed property is improved with Starbucks and Jersey Mike’s and totals 4,126 square feet on a 1.76-acre parcel.
The plaza is positioned at the intersection of Washington Street and 218th Place within Pella’s primary retail corridor, offering frontage, visibility, and access along a main commercial route. The property is adjacent to a Walmart Supercenter plaza.
Starbucks is under a 10-year lease with four 5-year renewal options, and Jersey Mike’s is under a 10-year lease with three 5-year renewal options. Both leases include rent increases every five years throughout the primary term and renewal option periods.
The plaza is positioned at the intersection of Washington Street and 218th Place within Pella’s primary retail corridor, offering frontage, visibility, and access along a main commercial route. The property is adjacent to a Walmart Supercenter plaza.
Starbucks is under a 10-year lease with four 5-year renewal options, and Jersey Mike’s is under a 10-year lease with three 5-year renewal options. Both leases include rent increases every five years throughout the primary term and renewal option periods.
Key Highlights
- Newly constructed 2‑tenant retail plaza (Year Built 2025) at 1804‑1808 Washington Street in Pella, IA
- 4,126 SF on a 1.76‑acre parcel, anchored by Starbucks and Jersey Mike's
- Starbucks lease: 10‑year term with four (4) 5‑year renewal options
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
FAQs
What type of property is this?
Shopping center - Newly constructed two-tenant plaza anchored by Starbucks and Jersey Mike’s within a retail corridor setting.
Where is this shopping center located?
The property is located at 1804 Washington St Pella, IA.
What is the asking price?
The asking price for this property is $3,615,308.
What are key features of this property?
This property features: Newly constructed 2‑tenant retail plaza (Year Built 2025) at 1804‑1808 Washington Street in Pella, IA; 4,126 SF on a 1.76‑acre parcel, anchored by Starbucks and Jersey Mike's; Starbucks lease: 10‑year term with four (4) 5‑year renewal options
