Modern Medical Office
8831 Windsor Parkway Johnston, IA 50131
New
For Sale
$2,285,000
Newly constructed Class A office building with an efficient layout, high-end finishes, and ample on-site parking.
Property Size7,459 SF
Price / SF$306.34
Days on Market7
Property Features for 8831 Windsor Parkway
General Information
- Standard status
- Active
- Size
- 7,459 SF
- Property subtype
- Office
Listing Agency:
CBRE - Des Moines
(515) 210-3050
Listed By:
Bill Wright · License #S33231000
(515) 210-3050
Source:
Cbre
Added: Jul 18
Changed: Jul 23
Last Checked: Jul 24 at 5:46AM
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 - Des Moines
Investment Insights
Based on property information with market context.
This newly constructed office building features a modern design, high-end finishes, and an efficient interior layout suited for professional users. The exterior presents a polished, professional appearance with a strong curb presence, supporting a Class A environment.
The property provides immediate access to the NW 86th Street and NW 100th Street corridors. It is positioned within a well-established business park and surrounded by residential neighborhoods and continued housing development.
For practical operations, the building includes ample on-site parking, along with existing infrastructure intended to support high-finish or medical office use.
The property provides immediate access to the NW 86th Street and NW 100th Street corridors. It is positioned within a well-established business park and surrounded by residential neighborhoods and continued housing development.
For practical operations, the building includes ample on-site parking, along with existing infrastructure intended to support high-finish or medical office use.
Key Highlights
- Newly constructed Class A office building with an efficient layout and modern design
- High‑end finishes throughout
- Ample on‑site parking
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 | $163.8k | $21.96 |
| − Vacancy | −$32.8k | −$4.39 |
| EGI | $131.0k | $17.57 |
| − OpEx | −$32.8k | −$4.39 |
| NOI | $98.3k | $13.18 |
7,459 SF · lease $21.96/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.40M
$1.23M – $1.64M
NOI $98,280 @ 7.0% cap · market cap 4.30%
Second Best
Healthcare Medical
$1.18M
$1.03M – $1.38M
NOI $82,752 @ 7.0% cap · market cap 3.62%
Theoretical Best
Flex RnD
$7.18M
$6.28M – $8.38M
NOI $502,618 @ 7.0% cap · market cap 22.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Newly constructed Class A office building with an efficient layout, high-end finishes, and ample on-site parking.
Where is this office building located?
The property is located at 8831 Windsor Parkway Johnston, IA.
What is the asking price?
The asking price for this property is $2,285,000.
What are key features of this property?
This property features: Newly constructed Class A office building with an efficient layout and modern design; High‑end finishes throughout; Ample on‑site parking
