Natural Grocers NNN Retail
For Sale
Contact for pricing
8650 Hickman Road, Clive, IA 50325
Single-tenant grocery store with a corporate triple-net lease and multiple renewal options.
Property Size15,000 SF
Days on Market145
Property Features for 8650 Hickman Road
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Retail
Site & Location
Traffic Count
54,100 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2016
Buildings
1
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 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 The Boulder Group
Investment Insights
Based on property information with market context.
This 15,000-square-foot grocery property was constructed in 2016 and is occupied by Natural Grocers by Vitamin Cottage. The single-tenant arrangement is structured as a corporate triple-net lease, with the primary term scheduled to expire May 31, 2031. The lease provides a rental escalation during the 11th year and additional increases across four 5-year renewal options.
The store occupies a signalized intersection at US-6, also known as Hickman Road, and 86th Street in Clive. Both major arterials provide full-movement access, while the intersection records traffic counts of 54,100 vehicles per day. The site includes two 2-tenant monument signs at the access points, along with intersection monument signage and tenant signage.
Natural Grocers is publicly traded on the New York Stock Exchange under the symbol NGVC. More than 85,000 people live within a three-mile radius, and average annual household income exceeds $92,000 within five miles.
The store occupies a signalized intersection at US-6, also known as Hickman Road, and 86th Street in Clive. Both major arterials provide full-movement access, while the intersection records traffic counts of 54,100 vehicles per day. The site includes two 2-tenant monument signs at the access points, along with intersection monument signage and tenant signage.
Natural Grocers is publicly traded on the New York Stock Exchange under the symbol NGVC. More than 85,000 people live within a three-mile radius, and average annual household income exceeds $92,000 within five miles.
Key Highlights
- 15,000‑square‑foot grocery property constructed in 2016
- Corporate triple‑net lease scheduled to expire May 31, 2031
- Four 5‑year renewal options with rental escalations
Property Analytics
Property Profile
Current Use
Lease Details
54,100 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
Under-served
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Single-tenant grocery store with a corporate triple-net lease and multiple renewal options.
Where is this grocery and convenience store located?
The property is located at 8650 Hickman Road Clive, IA.
What are key features of this property?
This property features: 15,000‑square‑foot grocery property constructed in 2016; Corporate triple‑net lease scheduled to expire May 31, 2031; Four 5‑year renewal options with rental escalations
