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Event Center Property with Adjacent Building
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1805 Mamie Eisenhower Avenue, Boone, IA 50036

Two adjoining entertainment buildings include TK’s Event Center and an adjacent rehabilitation opportunity.

Property Size37,680 SF
Days on Market125

Property Features for 1805 Mamie Eisenhower Avenue

General Information

Standard status Active
Size 37,680 SF
Property subtype Retail, Industrial

Additional Details

Business Included Yes

Building Details

Tenancy Single
Listing Agency: CBRE - Des Moines
Listed By: David Eckley · License #IA S65549000
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 10:23PM

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 CBRE - Des Moines

Investment Insights

Based on property information with market context.

The property consists of two adjoining buildings. The 7,680 SF building operates as TK’s Event Center, a venue for concerts, fundraisers, and corporate gatherings. A second building with 30,000 SF is available as a rehabilitation opportunity for an owner/user or investment property.

The tenant covers the debt service for the entire property and has been in the space on a year-to-year lease since 2015. The current lease expires on April 14, 2018. The address is 1805 Mamie Eisenhower Avenue in Boone, IA 50036.

Key Highlights

  • Two adjoining entertainment buildings totaling 37,680 SF: 7,680 SF event center plus a 30,000 SF adjacent building
  • 7,680 SF building operates as TK’s Event Center for concerts, fundraisers, and corporate gatherings
  • Tenant covers the debt service for the entire property

Property Analytics

Current Use

Central Iowa Discounts Home Decor Store MJ’s Venue Wedding Service

Suggested Use

Top Pick Restaurant Law Firm Auto Repair Shop Auto Parts Store Storage Facility Grocery & Convenience Store

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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby

Demographics for 50036, IA

16,203
Population
7,416
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
96%
High-School Grad
191.7 sq mi
ZIP Area
85
Density / Sq Mi
$74,107
Median Household Income
$42,453
Median Earnings
$804
Median Rent
$172,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Two adjoining entertainment buildings include TK’s Event Center and an adjacent rehabilitation opportunity.
Where is this theater & concert hall located?
The property is located at 1805 Mamie Eisenhower Avenue Boone, IA.
What are key features of this property?
This property features: Two adjoining entertainment buildings totaling 37,680 SF: 7,680 SF event center plus a 30,000 SF adjacent building; 7,680 SF building operates as TK’s Event Center for concerts, fundraisers, and corporate gatherings; Tenant covers the debt service for the entire property
(515) 314-1715 Call to check price and availability
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