Vanilla Box Office
For Sale
Contact for pricing
5075 E University Ave, Pleasant Hill, IA 50327
Flexible office space off the bypass, available as a single suite or demised for smaller occupancy.
Property Size4,000 SF
Price / SF$0.00
Days on Market428
Property Features for 5075 E University Ave
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Stanbrough Realty Company
Listed By:
Andrew McCune (515) 334-3345 · License #S64937000
(515) 402-1642
Source:
Desmoineshomesforsale
Added: Aug 20, 2025
Changed: Oct 1
Last Checked: Oct 20 at 9:12PM
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 Stanbrough Realty Company
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Investment Insights
Based on property information with market context.
This for-sale office suite totals 4,000 square feet and is offered in vanilla box condition, providing an open, customizable interior for a tenant or buyer to tailor improvements to their needs. The space can also be demised down to 2,000 square feet, allowing for smaller occupancy configurations.
The property is located right off of the bypass in Pleasant Hill, providing convenient access for business traffic. Its placement off a main thoroughfare supports straightforward customer and employee travel.
For prospective tenants and buyers, the demisable layout and vanilla box condition make the space workable for a range of professional office users that want to define their own buildout. The ability to take the whole suite or a smaller portion can help align the property with evolving space requirements.
The property is located right off of the bypass in Pleasant Hill, providing convenient access for business traffic. Its placement off a main thoroughfare supports straightforward customer and employee travel.
For prospective tenants and buyers, the demisable layout and vanilla box condition make the space workable for a range of professional office users that want to define their own buildout. The ability to take the whole suite or a smaller portion can help align the property with evolving space requirements.
Key Highlights
- 4,000 SF office space located right off the bypass in Pleasant Hill
- Can be demised down to 2,000 SF for smaller occupancy
- Available as a single suite or in demised smaller suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,377
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,540
$887.5K
Cap Rate 7%
$633,957
$634.0K
Cap Rate 9%
$493,078
$493.1K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$87.8K $21.96/SF
− Vacancy
−$13.9K −$3.47/SF
EGI
$74.0K $18.49/SF
− OpEx
−$29.6K −$7.40/SF
NOI
$44.4K $11.09/SF
Area
Polk County, IA
Vacancy
15.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,540
Cap Rate 7%
$633,957
Cap Rate 9%
$493,078
Alternative Uses
Best Use
Office B
$752.9K
$658.8K – $878.4K
NOI $52,704 @ 7.0% cap · market cap 439,200.00%
Second Best
Healthcare Medical
$634.0K
$554.7K – $739.6K
NOI $44,377 @ 7.0% cap · market cap 369,808.33%
Theoretical Best
Flex RnD
$3.85M
$3.37M – $4.49M
NOI $269,536 @ 7.0% cap · market cap 2,246,133.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 50327, IA
11,807
Population
5,077
Households
2.3
Avg Household Size
41
Median Age
32%
College-Educated
97%
High-School Grad
15.8 sq mi
ZIP Area
747
Density / Sq Mi
$90,759
Median Household Income
$46,177
Median Earnings
$1,219
Median Rent
$303,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible office space off the bypass, available as a single suite or demised for smaller occupancy.
Where is this office unit located?
The property is located at 5075 E University Ave Pleasant Hill, IA.
What are key features of this property?
This property features: 4,000 SF office space located right off the bypass in Pleasant Hill; Can be demised down to 2,000 SF for smaller occupancy; Available as a single suite or in demised smaller suites
