Newly Built Olive Garden
For Sale
Contact for pricing
1820 Southeast 16th Street, Ames, IA 50010
Newly built Olive Garden in Ames, Iowa, positioned at the intersection of I-35 and US-30.
Property Size6,500 SF
Price / SF$517.48
Days on Market136
Property Features for 1820 Southeast 16th Street
General Information
Standard status
Active
Size
6,500 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$185,000
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
Bang Realty
Listed By:
Brian Brockman · License #PB00082359
(888) 737-2264
Source:
Crexi
Added: Apr 23
Changed: Aug 31
Last Checked: Aug 31 at 6:37AM
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 Bang Realty
Investment Insights
Based on property information with market context.
The offering presents a newly built Olive Garden restaurant asset in Ames, Iowa. The property is presented for acquisition as part of a strategically positioned retail/restaurant location.
Olive Garden is situated at the intersection of I-35 (46,950 VPD) and US-30 (35,000 VPD), supporting convenient access for locals, students, faculty, and visitors. The restaurant is also surrounded by ten hotels within two blocks totaling 786 rooms. Within a five-mile radius, there are 66,000 people living, providing additional nearby demand from the broader community.
The offering is positioned to serve the Iowa State University market, which has enrollment of more than 30,000 students, along with travelers and hotel guests drawn to the intersection area.
Olive Garden is situated at the intersection of I-35 (46,950 VPD) and US-30 (35,000 VPD), supporting convenient access for locals, students, faculty, and visitors. The restaurant is also surrounded by ten hotels within two blocks totaling 786 rooms. Within a five-mile radius, there are 66,000 people living, providing additional nearby demand from the broader community.
The offering is positioned to serve the Iowa State University market, which has enrollment of more than 30,000 students, along with travelers and hotel guests drawn to the intersection area.
Key Highlights
- Newly built Olive Garden, Year Built 2026
- Located at the intersection of I‑35 and US‑30 in Ames, Iowa
- I‑35 traffic count: 46,950 VPD; US‑30 traffic count: 35,000 VPD
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50010, IA
32,552
Population
14,732
Households
2.2
Avg Household Size
30
Median Age
59%
College-Educated
98%
High-School Grad
60.3 sq mi
ZIP Area
540
Density / Sq Mi
$65,701
Median Household Income
$27,672
Median Earnings
$981
Median Rent
$243,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Newly built Olive Garden in Ames, Iowa, positioned at the intersection of I-35 and US-30.
Where is this conventional restaurant located?
The property is located at 1820 Southeast 16th Street Ames, IA.
What is the asking price?
The asking price for this property is $3,363,636.
What are key features of this property?
This property features: Newly built Olive Garden, Year Built 2026; Located at the intersection of I‑35 and US‑30 in Ames, Iowa; I‑35 traffic count: 46,950 VPD; US‑30 traffic count: 35,000 VPD
