Waukee Brewery with Dog
255 Northwest Sunrise Drive, Waukee, IA 50263
Brewery with patio and dog park near bike trail.
Type:Retail
Property size:
12,180 SFLot size:
0.50 AcresPrice / SF:
$242/SF- Added:
- Mar 25, 2026
- Days on Market:
- 59
- Last Refresh:
- Mar 18 at 8:39 am
Property Features for 255 Northwest Sunrise Drive
General Information
- Standard status
- Active
- Size
- 12,180 SF
- Lot size
- 0.50 Acres
- Property subtype
- Retail
Listing agent Tyler Dingel License #S56502000
Listing office CBRE (515) 415-6103
Listing date Mar 25, 2026
Source Cbre
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
HighLights
- Top of the line brewery equipment in place and ready for operations.
- Large patio & 1/2 acre dog park adjacent to Raccoon River Valley Bike Trail.
- Award‑winning building design featuring Japanese Shou Sugi Ban siding made with low maintenance Accoya wood.
- Located just off Hickman Road in Waukee.
- Near Waukee Northwest High School, Triumph Park & numerous new housing developments.
- Brewery.
Overview
This property features a brewery equipped with top-of-the-line brewing equipment, ready for operations. The award-winning building design incorporates Japanese Shou Sugi Ban siding, constructed with low-maintenance Accoya wood. Adjacent to the Raccoon River Valley Bike Trail, the property includes a large patio and a 0.5-acre dog park. It is located just off Hickman Road in Waukee, near Waukee Northwest High School, Triumph Park, and numerous new housing developments. The property size is 12,180 square feet.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$1.68M
NOI $151,276 @ 9.00% cap · cautious / downside scenario
Moderate
$2.16M
NOI $151,276 @ 7.00% cap · market / base-case scenario
Aggressive
$3.03M
NOI $151,276 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $219.2k | $18.00 |
| − Vacancy | −$17.5k | −$1.44 |
| EGI | $201.7k | $16.56 |
| − OpEx | −$50.4k | −$4.14 |
| NOI | $151.3k | $12.42 |
12,180 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Specialty Retail
$2.16M
$1.89M – $2.52M
NOI $151,276 @ 7.0% cap · market cap 5.13%
Second Best
Retail
$1.77M
$1.55M – $2.06M
NOI $123,798 @ 7.0% cap · market cap 4.20%
Theoretical Best
Flex RnD
$11.72M
$10.26M – $13.68M
NOI $820,738 @ 7.0% cap · market cap 27.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Kinship Brewing Company
Production Facility
Location Insight
- Map
- Local Demand
- City
- Waukee
- County
- Dallas
- State
- Iowa
- Longitude
- -93.866463
- Latitude
- 41.617757
Nearby Similar for Sale
FAQs
What type of property is this?
Brewery - Brewery with patio and dog park near bike trail.
Where is this brewery located?
The property is located at 255 Northwest Sunrise Drive Waukee, IA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Top of the line brewery equipment in place and ready for operations.; Large patio & 1/2 acre dog park adjacent to Raccoon River Valley Bike Trail.; Award‑winning building design featuring Japanese Shou Sugi Ban siding made with low maintenance Accoya wood.
