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Class A Office Unit
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8711 Windsor Pkwy, Johnston, IA 50131

Professional office layout includes reception, conference, private offices, kitchenette, storage, and restrooms.

Property Size2,070 SF
Price / SF$211.59
Days on Market5

Property Features for 8711 Windsor Pkwy

General Information

Standard status Active
Size 2,070 SF
Class Class A
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

scenic pond view
Listing Agency: CBRE
Listed By: Bill Wright · License #S33231000
Source: Moodyscre
Added: Jul 31 Changed: Aug 3 Last Checked: Aug 3 at 6:48AM

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

Investment Insights

Based on property information with market context.

This 2,070-square-foot Class A office condominium at 8711 Windsor Pkwy provides a conventional professional-office arrangement within Windsor Office Park. The interior includes a reception area, conference room, private offices, kitchenette, office supply and storage room, and restrooms. Rear-facing offices provide views toward the office park’s pond, adding an exterior outlook to the work environment.

The property is in Johnston, Iowa, with access to major highways and proximity to regional employers. Its configuration is suited to a range of professional office uses, including attorneys, consultants, accounting firms, and counseling groups. The space is available for either sale or lease.

Key Highlights

  • 2,070 SF Class A office condominium
  • Reception area, conference room, private offices, kitchenette, storage room, and restrooms
  • Rear‑facing offices overlook the Windsor Office Park pond

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $45.5k $21.96
− Vacancy −$9.1k −$4.39
EGI $36.4k $17.57
− OpEx −$9.1k −$4.39
NOI $27.3k $13.18
2,070 SF · lease $21.96/SF/yr · vacancy 20.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$389.6K
$340.9K – $454.6K (±1% cap)
NOI $27,274 @ 7.0% cap · market cap 6.23%
Second Best
no second resolved use
Theoretical Best
Flex RnD
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $139,485 @ 7.0% cap · market cap 31.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Restaurant Hair Salon HVAC 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

474
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Professional office layout includes reception, conference, private offices, kitchenette, storage, and restrooms.
Where is this office units located?
The property is located at 8711 Windsor Pkwy Johnston, IA.
What is the asking price?
The asking price for this property is $438,000.
What are key features of this property?
This property features: 2,070 SF Class A office condominium; Reception area, conference room, private offices, kitchenette, storage room, and restrooms; Rear‑facing offices overlook the Windsor Office Park pond
(515) 210-3050 Call to check price and availability
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