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    5440 86Th St Johnston, IA 50131

    For Lease
    Contact for pricing

    High-traffic grocery store space, prime Johnston location.

    Lot size:
    67,051 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity presents a 67,051-square-foot single-tenant space, formerly occupied by a Price Chopper grocery store. Located at 5440 NW 86th St, Johnston, IA 50131, this property sits on an 8-acre lot in Polk County and enjoys a highly visible corner location at the intersection of 86th Street and NW 54th Avenue. The building, which underwent renovations in 2000, is zoned C-2, offering flexibility for a variety of retail uses. The entire space is currently vacant, providing a blank canvas for a new tenant to customize. Its strategic location offers unparalleled accessibility, being just blocks from the I-35/80 interchange, ensuring convenient access for customers throughout the Des Moines metropolitan area. This presents a rare chance to establish a significant retail presence in a thriving community with high foot traffic and excellent visibility. The property's substantial size and prime location make it an ideal investment for businesses seeking a strong foothold in the Johnston market. All 67,051 square feet are available for lease.

    Property Features for 5440 86Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    67,051 SF

    Building Details

    Year Renovated
    2000

    Unit(s) available at that property

    Space
    Available Space
    Size
    67,051 SF

    HighLights

    • 67,051 SF single‑tenant retail space, formerly a Price Chopper, available for lease.
    • High‑visibility corner lot (8 acres) at 86th St & NW 54th Ave, Johnston, IA.
    • C‑2 zoning allows for flexible retail uses.
    • Excellent location near I‑35/80 interchange, providing easy access to Des Moines metro.
    • Strong demographics: affluent suburban families and young professionals, plus proximity to 25,000 daytime employees at major employers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Johnston
    County
    Polk
    State
    Iowa
    Longitude
    -93.7365291
    Latitude
    41.6593522

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    FAQs

    What type of property is this?
    Retail property - High-traffic grocery store space, prime Johnston location.
    Where is this retail property located?
    The property is located at 5440 86Th St Johnston, IA.
    What are key features of this property?
    This property features: 67,051 SF single-tenant retail space, formerly a Price Chopper, available for lease.; High-visibility corner lot (8 acres) at 86th St & NW 54th Ave, Johnston, IA.; C-2 zoning allows for flexible retail uses.
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    Johnston, IA 50131
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5440 86Th St Johnston, IA 50131
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