Class A Office
For Sale
Contact for pricing
8831 Windsor Pkwy, Johnston, IA 50131
Newly constructed 7,459 SF Class A office building with an efficient layout and high-end finishes.
Property Size7,459 SF
Price / SF$306.34
Days on Market16
Property Features for 8831 Windsor Pkwy
General Information
Standard status
Active
Size
7,459 SF
Class
A
Property subtype
OFFICE
Listing Agency:
CBRE
(515) 210-3050
Listed By:
Bill Wright · License #S33231000
(515) 210-3050
Source:
Moodyscre
Added: Jul 15
Changed: Jul 26
Last Checked: Jul 26 at 12:56AM
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.
Available for sale is a 7,459 SF Class A office building with a modern design and high-end finishes. The property includes an efficient layout intended to support a range of professional office users.
The building is located along Windsor Parkway in Johnston, Iowa. The surrounding area includes restaurants, retail, and everyday services along the NW 86th Street and NW 100th Street corridors.
For an owner-user, the asset is positioned as a long-term office location within an area supported by the residential base of Johnston and Urbandale.
The building is located along Windsor Parkway in Johnston, Iowa. The surrounding area includes restaurants, retail, and everyday services along the NW 86th Street and NW 100th Street corridors.
For an owner-user, the asset is positioned as a long-term office location within an area supported by the residential base of Johnston and Urbandale.
Key Highlights
- Newly constructed 7,459 SF Class A office building
- Efficient office layout designed for a range of professional users
- Modern design with high‑end finishes
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
—
—
no second resolved use
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Newly constructed 7,459 SF Class A office building with an efficient layout and high-end finishes.
Where is this office building located?
The property is located at 8831 Windsor Pkwy 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 7,459 SF Class A office building; Efficient office layout designed for a range of professional users; Modern design with high‑end finishes
