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Former Dairy Queen Drive-Through Restaurant
For Sale
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6150 Merle Hay Rd, Johnston, IA 50131

Second-generation restaurant property with an existing drive-thru and single-tenant configuration.

Property SizeContact for details
Days on Market143

Property Features for 6150 Merle Hay Rd

General Information

Standard status Active
Property subtype Retail

Additional Details

Drive-Thru Yes

Building Details

Tenancy Single
Listing Agency: CBRE - Des Moines
Listed By: Tyler Dingel · License #IA S56502000
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 5:29PM

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.

This second-generation restaurant property retains a drive-thru and is configured for a single tenant. The former Dairy Queen building is positioned along Merle Hay Road in Johnston, Iowa.

The property is offered for sale or lease and provides an established restaurant format with drive-through functionality.

Key Highlights

  • Former Dairy Queen restaurant property
  • Existing drive‑thru
  • Second‑generation restaurant configuration

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Big Box & Wholesale Store HVAC Service Spa & Massage Center

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby
75k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 56% Shops & Services 34% Home Improvements & Furnishings 6% Dining 4%
Hy-Vee Groceries
31,392 visits/mo 0.4 miles
Fareway Groceries
10,679 visits/mo 0.1 miles
Johnston #2 Shops & Services
7,719 visits/mo 0.0 miles
Dollar Tree Shops & Services
7,484 visits/mo 0.0 miles
Wells Fargo Shops & Services
5,462 visits/mo 0.3 miles

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

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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Second-generation restaurant property with an existing drive-thru and single-tenant configuration.
Where is this drive through restaurant located?
The property is located at 6150 Merle Hay Rd Johnston, IA.
What are key features of this property?
This property features: Former Dairy Queen restaurant property; Existing drive‑thru; Second‑generation restaurant configuration
(515) 415-6103 Call to check price and availability
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