End-Cap Medical Office
New
For Sale
Contact for pricing
5705 Nw 100th St, Johnston, IA 50131
New construction and an established dermatology practice anchor the building.
Property Size1,400 SF
Price / SF$0.01
Days on Market5
Property Features for 5705 Nw 100th St
General Information
Standard status
Active
Size
1,400 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1.00
Listing Agency:
Stanbrough Realty Company
(515) 334-3345
Listed By:
Andrew McCune · License #S64937000
(515) 402-1642
Source:
Exprealty
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:00AM
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 1,400-square-foot suite occupies an end position in a newly constructed medical office building. Its placement provides additional windows. Central Iowa Dermatology is an anchor tenant in the building.
The property is in Johnston’s West Park area, near John Deere ISG, UnityPoint, Casey’s, Horizon Elementary, and Center Pointe Business Park. I-80/35 is approximately one mile away, with access via a new interchange.
The property is in Johnston’s West Park area, near John Deere ISG, UnityPoint, Casey’s, Horizon Elementary, and Center Pointe Business Park. I-80/35 is approximately one mile away, with access via a new interchange.
Key Highlights
- 1,400 SF end‑cap suite in a newly built medical office building
- Additional windows from the suite’s end position
- Central Iowa Dermatology anchors the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,532
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,640
$310.6K
Cap Rate 7%
$221,886
$221.9K
Cap Rate 9%
$172,578
$172.6K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$30.7K $21.96/SF
− Vacancy
−$4.9K −$3.47/SF
EGI
$25.9K $18.49/SF
− OpEx
−$10.4K −$7.40/SF
NOI
$15.5K $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%
$310,640
Cap Rate 7%
$221,886
Cap Rate 9%
$172,578
Alternative Uses
Best Use
Office B
$263.5K
$230.6K – $307.4K
NOI $18,446 @ 7.0% cap · market cap 92,230.00%
Second Best
Healthcare Medical
$221.9K
$194.2K – $258.9K
NOI $15,532 @ 7.0% cap · market cap 77,660.00%
Theoretical Best
Flex RnD
$1.35M
$1.18M – $1.57M
NOI $94,338 @ 7.0% cap · market cap 471,690.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Under-served
Demand for This Use
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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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - New construction and an established dermatology practice anchor the building.
Where is this medical office space located?
The property is located at 5705 Nw 100th St Johnston, IA.
What are key features of this property?
This property features: 1,400 SF end‑cap suite in a newly built medical office building; Additional windows from the suite’s end position; Central Iowa Dermatology anchors the building
