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Retail Space For Lease
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 - 3,000 SF
Days on Market281

Property Features for 4518 Mortensen Road

General Information

Standard status Active
Size 1,176 SF - 3,000 SF
Property subtype Retail

Spaces For Lease

at 4518 Mortensen Road Contact us

Suite 106

Size
3,000 SF
Availability
Available
Former Tanning Salon
Contact us

Suite 105

Size
1,176 SF
Availability
Available
Former hair salon
Contact us
Listing Agency: CBRE - Des Moines
Listed By: Bill Wright · License #S33231000
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 25 Last Checked: Aug 29 at 7:37AM

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.

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

Current Use

Jimmy John's Take-out & Catering LOVE NAILS Nail Salon Mullets Ames Restaurant Sip'NSmoke (Bike/Boat/Book/etc) Store Sun Tan City Tanning Salon

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Law Firm Big Box & Wholesale Store Dental Office Hair Salon

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

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

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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.
More about this property
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