Waukee Brewery with Dog
For Sale
$3,033,794
255 Northwest Sunrise Drive, Waukee, IA 50263
Brewery with patio and dog park near bike trail.
Property Size12,180 SF
Lot Size0.50 Acres
Price / SF$249.08
Days on Market197
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 Agency:
CBRE - Des Moines
Listed By:
Tyler Dingel · License #S56502000
(515) 865-2985
Source:
Cbre
Added: Mar 25
Changed: Oct 5
Last Checked: Oct 5 at 4:06PM
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.
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.
Key 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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$151,276
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,025,520
$3.0M
Cap Rate 7%
$2,161,086
$2.2M
Cap Rate 9%
$1,680,844
$1.7M
Market Conditions
NOI Build-Up for 12,180 SF
Gross rent
$219.2K $18.00/SF
− Vacancy
−$17.5K −$1.44/SF
EGI
$201.7K $16.56/SF
− OpEx
−$50.4K −$4.14/SF
NOI
$151.3K $12.42/SF
Area
Dallas County, IA
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,025,520
Cap Rate 7%
$2,161,086
Cap Rate 9%
$1,680,844
Alternative Uses
Best Use
Specialty Retail
$2.16M
$1.89M – $2.52M
NOI $151,276 @ 7.0% cap · market cap 4.99%
Second Best
Industrial
$713.5K
$624.3K – $832.4K
NOI $49,942 @ 7.0% cap · market cap 1.65%
Theoretical Best
Flex RnD
$11.72M
$10.26M – $13.68M
NOI $820,738 @ 7.0% cap · market cap 27.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 50263, IA
24,817
Population
11,323
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
96%
High-School Grad
27.5 sq mi
ZIP Area
902
Density / Sq Mi
$107,864
Median Household Income
$62,430
Median Earnings
$1,296
Median Rent
$332,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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 $3,033,794.
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.
