Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Space with Dock Door Title is generated by Realmo AI

    2701 86th St, Urbandale, IA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    3,600 SF retail space available for lease.

    Type:RETAIL
    Property size:
    3,600 SF
    Lot size:
    2.52 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    174
    Last Refresh:
    Apr 5 at 8:24 pm

    Property Features for 2701 86th St

    General Information

    Standard status
    Active
    Size
    3,600 SF
    Lot size
    2.52 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 2701 86th St Contact us

    We can help!

    Listing Contact
    Darcy Gill
    Darcy Gill

    Listing agent Darcy Gill License #S56688000

    Listing office Denny Elwell Company

    Listing date Nov 24, 2025

    Source Moodyscre

    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 Denny Elwell Company

    HighLights

    • 3,600 SF Retail Space available.
    • Western End Cap Location offering great visibility.
    • Equipped with a Dock High Door for easy loading and unloading.
    • Ample On‑Site Parking for customers and staff.
    • Lease Rate: $14.00 PSF/NNN.
    • Operating Expenses: $5.96 PSF.

    Overview

    This 3,600 square foot retail space, identified as Suite 2715, is available for lease at a rate of $14.00 per square foot on a NNN basis. The operating expenses are $5.96 per square foot. Located on the western end cap, the space is equipped with a dock-high door and includes ample on-site parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.7333537
    Latitude
    41.6304923

    Nearby Similar for Lease

    • $9 SF/Yr
      15,000 SF

      Renovated Office Building in Urbandale

      Recently renovated Urbandale office building with flexible lease terms.
      2600 72nd Street, Urbandale, IA, 50322
      View Details
    • $12 SF/Yr
      8,945 SF

      Retail Showroom & Warehouse Space

      Retail showroom and warehouse space available for lease in Urbandale.
      10121 Hickman Road, Urbandale, IA, 50322
      View Details
    • $22 SF/Yr
      4,968 SF

      Restaurant Ready for Immediate Occupancy

      Second-generation restaurant space in established Urbandale neighborhood.
      4810 86th Street, Urbandale, IA, 50322
      View Details
    • $16 SF/Yr
      4,265 SF

      Retail Space in Urbandale

      Retail space available in a multi-tenant building in Urbandale.
      3701-3757 86th St, Urbandale, IA
      View Details
    • Contact for pricing
      1,310 SF

      Cobblestone Marketplace Retail Sublease Opportunity

      High-traffic retail space available in Urbandale's Cobblestone Marketplace.
      8515 Hickman Road | Urbandale, IA 50322
      View Details
    • $12 SF/Yr
      1,230 SF

      Retail and Office Spaces Available

      Retail and office spaces for lease in Urbandale, Iowa.
      7611 Douglas Ave, Urbandale, IA
      View Details
    • $10 SF/Yr
      57,546 SF

      High-Traffic Urbandale Retail Center

      Retail spaces available in high-traffic Urbandale neighborhood center.
      8401 Hickman Road, Urbandale, IA 50322
      View Details
    • $9 SF/Yr
      4,500 SF

      Urbandale Warehouse Space For Lease

      Warehouse space with excellent visibility and convenient access for lease.
      10081 Hickman Road, Urbandale, IA, 50322
      View Details
    • $15 SF/Yr
      157,488 SF

      Six-Story Office Building For Lease

      Office building for lease in Urbandale, Iowa.
      6200 Northwest Aurora Avenue, Urbandale, IA, 50322
      View Details
    • $10 SF/Yr
      1,941 SF

      Retail Space in Urbandale Center

      Retail space with excellent visibility and access in Urbandale.
      7020 Douglas Avenue, Urbandale, IA, 50322
      View Details
    • $10 SF/Yr
      25,088 SF

      Visible Office Space on Merle Hay

      Highly visible office space with utilities included near I-80.
      4685 Merle Hay Road, Des Moines, Iowa, IA 50322
      View Details
    • $12 SF/Yr
      9,148 SF

      Retail Showroom with Flex Space

      Retail frontage, showroom, flex space, and drive-in doors.
      10101 Hickman Rd, Urbandale, IA
      View Details

    FAQs

    What type of property is this?
    Retail space - 3,600 SF retail space available for lease.
    Where is this retail space located?
    The property is located at 2701 86th St Urbandale, IA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 3,600 SF Retail Space available.; Western End Cap Location offering great visibility.; Equipped with a Dock High Door for easy loading and unloading.
    (515) 964-1587 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Darcy Gill
    Darcy Gill
    Real Estate License ID: S56688000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2701 86th St, Urbandale, IA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!