Building Details

Year built 1990

Floors in Building 1

Flooring type Concrete

Building materials Brick

Roof type Shingle

Listing Agency: KW Elite powered by KW 1Advantage · Keller Williams Realty Show Phone

Listed By: Dianne Granger · License #S66680000 Show Phone

Added: Aug 1 Changed: Aug 20 Last Checked: Aug 23 at 3:06PM

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MLS# 155360

Copyright © 2026 East Central Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial retail space occupies a lower unit behind the building at 5555 Saratoga Road in Asbury. The property includes a heated three-car garage, one bathroom, concrete flooring, brick construction, and a shingle roof. Built in 1990, the space is supported by public water and public sewer service.

Commercial zoning supports a range of business uses, while the property’s position next to the fire department and near a local park and other businesses adds surrounding activity. A two-year lease is required, and the space includes room for on-site parking.

Key Highlights

• Heated three‑car garage included
• Lower unit positioned behind the building
• Commercial zoning

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Restaurant Big Box & Wholesale Store Auto Parts Store Electrical Service

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

Location Intelligence

Trade Area within ½ mile

340

Businesses Nearby

Explore this area Business Placement

Demographics for 52002, IA

17,177

Population

7,535

Households

2.3

Avg Household Size

41

Median Age

40%

College-Educated

97%

High-School Grad

29.2 sq mi

ZIP Area

588

Density / Sq Mi

$88,060

Median Household Income

$50,161

Median Earnings

$1,051

Median Rent

$273,400

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Lower-level commercial space includes parking and a single restroom.

Where is this retail space located?

The property is located at 5555 Saratoga Road Asbury, IA.

What is the lease rate?

The lease rate is $1,400/Mo.

What are key features of this property?

This property features: Heated three‑car garage included; Lower unit positioned behind the building; Commercial zoning