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NNN Flex and Office Space
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2800 1st Ave E, Newton, IA 50208

NNN-leased flex, office, and commercial space with new exterior siding and potential TI amortization for fit-out needs.

Property Size4,350 SF
Price / SF$0.00
Days on Market251

Property Features for 2800 1st Ave E

General Information

Standard status Active
Size 4,350 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Building Details

Year Built 1969
Listing Agency: Birkenholz Real Estate
Listed By: Dick Boggess (641) 792-4764 · License #832110000
Source: Desmoineshomesforsale
Added: Jan 19 Changed: Sep 5 Last Checked: Sep 26 at 7:03AM

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 Birkenholz Real Estate

Investment Insights

Based on property information with market context.

This NNN-leased property is offered for sale with flexible space configuration designed to accommodate office, commercial, and flex uses. The landlord has indicated they will provide new exterior siding, and may provide some tenant improvements, with any TI support structured as amortization over the initial lease term.

The property is described as having excellent access and visibility and is located in a high-traffic area, supporting businesses that benefit from convenient customer or user access.

For tenants, buyers, and operators, the mix of flex, office, and commercial positioning can work for a range of service-oriented and business operations, particularly where adaptable interior use is important. Prospective occupants should review the terms of the NNN lease and the scope and amortization details of any potential tenant improvements to confirm the best path for their intended space requirements.

Key Highlights

  • NNN lease property with flex, office, and commercial space.
  • Landlord will provide new exterior siding.
  • Some TI may be provided with amortization over the initial lease term.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Hair Salon Parking Lot & Garage Spa & Massage Center Nail Salon 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby
Under-served
Demand for This Use

Demographics for 50208, IA

20,918
Population
8,919
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
158.5 sq mi
ZIP Area
132
Density / Sq Mi
$61,064
Median Household Income
$37,490
Median Earnings
$830
Median Rent
$161,900
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

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - NNN-leased flex, office, and commercial space with new exterior siding and potential TI amortization for fit-out needs.
Where is this flex space located?
The property is located at 2800 1st Ave E Newton, IA.
What are key features of this property?
This property features: NNN lease property with flex, office, and commercial space.; Landlord will provide new exterior siding.; Some TI may be provided with amortization over the initial lease term.
More about this property
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