End-Cap Retail
For Sale
Contact for pricing
8365 University Blvd Unit A, Clive, IA 50325
Former salon suite with plumbing, private offices, and an open floor plan.
Property Size1,500 SF
Days on Market231
Property Features for 8365 University Blvd Unit A
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Building Details
Year Built
1979
Listing Agency:
Keller Williams Realty GDM
Listed By:
Emmanuel Toribio (319) 331-5542
(515) 334-4900
Source:
Desmoineshomesforsale
Added: Feb 27
Changed: Oct 1
Last Checked: Oct 16 at 9:18AM
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 Keller Williams Realty GDM
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Investment Insights
Based on property information with market context.
This 1,500-square-foot end-cap retail suite at 8365 University Blvd Unit A includes two enclosed offices, one bathroom, and a broad open area that can accommodate varied commercial layouts. Plumbing and existing connections for hair-washing stations remain in place, reflecting the space’s former salon use.
Built in 1979, the property sits on a well-trafficked street in Clive with convenient access, strong street exposure, and ample parking. The combination of open area, private rooms, restroom facilities, and specialized plumbing provides a practical starting point for a range of service-oriented or retail operations.
Built in 1979, the property sits on a well-trafficked street in Clive with convenient access, strong street exposure, and ample parking. The combination of open area, private rooms, restroom facilities, and specialized plumbing provides a practical starting point for a range of service-oriented or retail operations.
Key Highlights
- 1,500‑square‑foot end‑cap retail suite
- Plumbing and connections for hair‑washing stations
- Two private offices, one bathroom, and an open interior area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,835
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,700
$276.7K
Cap Rate 7%
$197,643
$197.6K
Cap Rate 9%
$153,722
$153.7K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$21.6K $14.40/SF
− Vacancy
−$1.8K −$1.22/SF
EGI
$19.8K $13.18/SF
− OpEx
−$5.9K −$3.95/SF
NOI
$13.8K $9.22/SF
Area
Polk County, IA
Vacancy
8.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,700
Cap Rate 7%
$197,643
Cap Rate 9%
$153,722
Alternative Uses
Best Use
Retail
$197.6K
$172.9K – $230.6K
NOI $13,835 @ 7.0% cap · market cap 1,383,500.00%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$1.44M
$1.26M – $1.68M
NOI $101,076 @ 7.0% cap · market cap 10,107,600.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,080
Businesses Nearby
Explore this area
Business Placement
Demographics for 50325, IA
18,619
Population
7,455
Households
2.5
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
7.7 sq mi
ZIP Area
2,418
Density / Sq Mi
$131,082
Median Household Income
$63,495
Median Earnings
$1,099
Median Rent
$379,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Former salon suite with plumbing, private offices, and an open floor plan.
Where is this retail space located?
The property is located at 8365 University Blvd Unit A Clive, IA.
What are key features of this property?
This property features: 1,500‑square‑foot end‑cap retail suite; Plumbing and connections for hair‑washing stations; Two private offices, one bathroom, and an open interior area
