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Veterinary Specialty Property
For Sale
$1,046,245

8789 NW 54th Ave, Johnston, IA 50131

The property was renovated in 2020 and includes annual escalators.

Property Size3,600 SF
Days on Market11

Property Features for 8789 NW 54th Ave

General Information

Standard status Active
Size 3,600 SF
Property subtype Commercial
Occupancy 100%
Lease Term ± 3.79 Years
Net Operating Income $81,084

Additional Details

Cap Rate 7.75%

Building Details

Building Size 3,600 SF
Year Renovated 2020
Listing Agency: Matthews
Listed By: Cameron Davodi · License #02237200 (CA)
Source: Matthews
Added: Sep 26 Changed: Oct 2 Last Checked: Oct 5 at 3:11PM

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 Matthews

Investment Insights

Based on property information with market context.

Westfield Veterinary Hospital is a specialty property in Johnston, Iowa. The building underwent renovation in 2020, and the offering is reported at a 7.75% cap rate with annual escalators. The property is within the Des Moines MSA.

Key Highlights

  • Veterinary hospital property in Johnston, Iowa
  • Renovated in 2020
  • Reported 7.75% cap rate with annual escalators

Property Analytics

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Current Use

Specialty properties

Suggested Use

Top Pick Auto Repair Shop Building Supply HVAC Service Kitchen & Bath Showroom Garden Center Furniture & Home Goods

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

585
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Specialty property - The property was renovated in 2020 and includes annual escalators.
Where is this specialty property located?
The property is located at 8789 NW 54th Ave Johnston, IA.
What is the asking price?
The asking price for this property is $1,046,245.
What are key features of this property?
This property features: Veterinary hospital property in Johnston, Iowa; Renovated in 2020; Reported 7.75% cap rate with annual escalators
More about this property
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