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Medical Office Suite With Exam Rooms
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8711 Windsor Pkwy Suite 8, Johnston, IA 50131

Configured for medical, office, or retail use with reception, support, and restroom areas.

Property Size2,010 SF
Price / SF$226.37
Days on Market50

Property Features for 8711 Windsor Pkwy Suite 8

General Information

Standard status Active
Size 2,010 SF
Property subtype Office, Retail
Zoning Commercial
Lease Type NNN
Investment Type Owner/User

Building Details

Year Built 2006
Buildings 1
Tenancy Single
Listing Agency: Cushman & Wakefield Iowa Commercial Advisors
Listed By: Brandon Fitz · License #S69344000
Source: Crexi
Added: Aug 31 Changed: Oct 16 Last Checked: Oct 19 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 Cushman & Wakefield Iowa Commercial Advisors

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Investment Insights

Based on property information with market context.

Suite 8 at Windsor Office Park provides 2,010 square feet of commercial space built in 2006. The layout includes seven exam rooms or offices, two restrooms, a lobby, reception area, additional office space, a mechanical room, and a laundry or storage area. The configuration supports medical, office, or retail occupancy.

The property is located in Johnston, Iowa, within a business community that includes John Deere Financial and Corteva Agriscience. The suite is positioned at 8711 Windsor Pkwy, Suite 8.

Key Highlights

  • 2,010‑square‑foot medical office suite
  • Seven exam rooms or offices
  • Two restrooms with lobby and reception area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,484
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,680 $529.7K
Cap Rate 7%
$378,343 $378.3K
Cap Rate 9%
$294,267 $294.3K
Market Conditions
NOI Build-Up for 2,010 SF
Gross rent
$44.1K $21.96/SF
− Vacancy
−$8.8K −$4.39/SF
EGI
$35.3K $17.57/SF
− OpEx
−$8.8K −$4.39/SF
NOI
$26.5K $13.18/SF
Area
Polk County, IA
Vacancy
20.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,680
Cap Rate 7%
$378,343
Cap Rate 9%
$294,267

Alternative Uses

Best Use
Office B
$378.3K
$331.1K – $441.4K (±1% cap)
NOI $26,484 @ 7.0% cap · market cap 5.82%
Second Best
Healthcare Medical
$318.6K
$278.7K – $371.7K (±1% cap)
NOI $22,299 @ 7.0% cap · market cap 4.90%
Theoretical Best
Flex RnD
$1.93M
$1.69M – $2.26M (±1% cap)
NOI $135,442 @ 7.0% cap · market cap 29.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Medical Office Space

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.

Location Intelligence

Trade Area within ½ mile

596
Businesses Nearby
Under-served
Demand for This Use

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

Similar Off Market Nearby

  • Elanco Animal Health — 8711 northpark ct, johnston, ia 50131
  • Westfield Veterinary Hospital — 8789 NW 54th Ave, Johnston, IA 50131

Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured for medical, office, or retail use with reception, support, and restroom areas.
Where is this medical office space located?
The property is located at 8711 Windsor Pkwy Suite 8 Johnston, IA.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 2,010‑square‑foot medical office suite; Seven exam rooms or offices; Two restrooms with lobby and reception area
(515) 226-8016 Call to check price and availability
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