Retail Space For
For Lease
$18.50 SF/Yr
4518 Mortensen Road, Ames, IA 50014
Retail spaces available in Ames, Iowa, with high visibility.
Space Size1,176 SF - 5,400 SF
Days on Market326
Property Features for 4518 Mortensen Road
General Information
Standard status
Active
Size
1,176 SF - 5,400 SF
Property subtype
Retail
Spaces For Lease
at 4518 Mortensen Road Contact usSuite 101 Available
Size
5,400 SF
+ 3,000 – 5,400 SF + Existing restaurant space with hood system, walk in cooler, equipment, and furniture/fixtures. + Outdoor Patio Space + Willing to Demise Space
Contact us Suite 105 Available
Size
1,176 SF
+ Former hair salon + Available Immediately
Contact us Suite 106 Available
Size
3,000 SF
Former Tanning Salon
Contact us
Listing Agency:
CBRE
Listed By:
Bill Wright · License #S33231000
(515) 210-3050
Source:
Cbre
Added: Nov 22, 2025
Changed: Oct 12
Last Checked: Oct 12 at 7:02PM
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
Investment Insights
Based on property information with market context.
Retail space is available for lease on Mortensen Road and S. Dakota Avenue in Ames, Iowa. The property benefits from a strategic location, ample parking, and high visibility to US Highway 30, attracting vehicle traffic. Available units vary in size, making them suitable for retail and restaurant operations. The center is near local amenities, making it suitable for businesses looking to establish themselves in an established community.
Key Highlights
- Strategic location on Mortensen Road and S. Dakota Avenue.
- High visibility to US Highway 30.
- Ample parking.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Hotels & Casinos 25%
Dining 10%
Beauty & Spa 5%
Kum & Go
Shops & Services
22,840 visits/mo
0.1 miles
Sleep Inn & Suites Ames near ISU Campus
Hotels & Casinos
6,428 visits/mo
0.0 miles
Jimmy John's
Dining
3,649 visits/mo
0.1 miles
Hilton Garden Inn Ames
Hotels & Casinos
2,847 visits/mo
0.1 miles
Sun Tan City
Beauty & Spa
2,049 visits/mo
0.1 miles
Demographics for 50014, IA
31,587
Population
14,860
Households
2.1
Avg Household Size
26
Median Age
69%
College-Educated
98%
High-School Grad
54.2 sq mi
ZIP Area
583
Density / Sq Mi
$57,372
Median Household Income
$20,952
Median Earnings
$1,083
Median Rent
$312,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Dakota Crossing — 4518 Mortensen Rd, Ames, IA 50014
Frequently Asked Questions
What type of property is this?
Shopping center - Retail spaces available in Ames, Iowa, with high visibility.
Where is this shopping center located?
The property is located at 4518 Mortensen Road Ames, IA.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Strategic location on Mortensen Road and S. Dakota Avenue.; High visibility to US Highway 30.; Ample parking.
