Class A Office-Retail
For Lease
Contact for pricing
5525 Merle Hay Rd, Johnston, IA 50131
Available suites from 1,600 to 3,200 SF with abundant parking in a highly visible Class A building.
Space Size1,600 SF
Days on Market213
Property Features for 5525 Merle Hay Rd
General Information
Standard status
Active
Size
1,600 SF
Class
A
Property subtype
RETAIL
Lease Type
NNN
Additional Details
Highway Access
Yes
Spaces For Lease
at 5525 Merle Hay Rd Contact us- Floor
- 1
- Size
- 1,600 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
1600 SF Retail Space For Lease in Johnston Station $14/SF/Yr
1,600 SF-3,200 SF Available
Starting at $13.00 PSF/NNN
1/2 Mile North of I-80
Highly...
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Contact us
Listing Agency:
Denny Elwell Company
(515) 964-1587
Listed By:
Carson Hughes · License #S60432000
(515) 314-9146
Source:
Moodyscre
Added: Feb 11
Changed: Sep 6
Last Checked: Sep 12 at 5:42AM
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
Investment Insights
Based on property information with market context.
A highly visible Class A office and retail building offering available suites ranging from 1,600 SF to 3,200 SF. Pricing starts at $13.00 PSF/NNN.
The property is located about a half mile north of I-80 at 5525 Merle Hay Rd in Johnston, IA 50131. Parking is available onsite, with abundant parking described for the building. The offering also notes 1 underground parking spot per 1,000 SF of leased office space.
The property is located about a half mile north of I-80 at 5525 Merle Hay Rd in Johnston, IA 50131. Parking is available onsite, with abundant parking described for the building. The offering also notes 1 underground parking spot per 1,000 SF of leased office space.
Key Highlights
- Available retail/office suites ranging from 1,600 SF to 3,200 SF
- Starting at $13.00 PSF/NNN
- Highly visible Class A office building
Property Analytics
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
Explore this area
Business Placement
Demographics for 50131, IA
24,434
Population
9,975
Households
2.4
Avg Household Size
37
Median Age
58%
College-Educated
97%
High-School Grad
23.7 sq mi
ZIP Area
1,031
Density / Sq Mi
$103,316
Median Household Income
$61,532
Median Earnings
$1,284
Median Rent
$347,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Johnston, IA
$18.5 /SF/Yr
Avg Asking Price
$14–$22 /SF/Yr
Price Range
2,726 SF
Avg Space Size
This space is priced 24% below the average of $18.5 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Available suites from 1,600 to 3,200 SF with abundant parking in a highly visible Class A building.
Where is this office units located?
The property is located at 5525 Merle Hay Rd Johnston, IA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Available retail/office suites ranging from 1,600 SF to 3,200 SF; Starting at $13.00 PSF/NNN; Highly visible Class A office building
