Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5260 Merle Hay Rd Johnston, IA 50131

    For Lease
    Contact for pricing

    Johnston, IA: Prime Retail Opportunity

    Lot size:
    8,955 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1,757 square foot retail space is situated within the newly constructed Gateway Crossing Shopping Center in Johnston, Iowa, at 5260 Merle Hay Rd, zip code 50131. The property boasts a highly visible location on Merle Hay Road, a major thoroughfare with an impressive 25,000 vehicles passing daily (VPD), offering excellent access from both Merle Hay Road and Interstate 80/35. The building is part of a rapidly developing area, benefiting from proximity to significant developments including the under-construction Ignit Sports Complex (featuring a 127-key hotel), the proposed Bombers Entertainment Center, LifeServe, and the Johnston Town Center. This single-tenant space, part of an 8,955 square foot building, is immediately available and presents a fantastic opportunity for businesses seeking high visibility and convenient access. The property offers building and monument signage opportunities, further enhancing its marketing potential. Base rent and tenant improvement (TI) allowances are negotiable, providing flexibility for prospective tenants. Ideal uses include, but are not limited to, physical therapy clinics, chiropractic offices, and nail salons. This prime retail location offers unparalleled exposure and growth potential within a thriving community.

    Property Features for 5260 Merle Hay Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,955 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,757 SF

    HighLights

    • 1,350 - 8,955 SF of available space
    • West End location with drive‑thru capability
    • Patio space potential
    • Prominent building and monument signage opportunities
    • High traffic count exceeding 20,000 vehicles per day
    • Negotiable base rent
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnston
    County
    Polk
    State
    Iowa
    Longitude
    -93.6981683
    Latitude
    41.6560407

    Nearby Similar for Lease

    • Contact for pricing
      4,259 SF

      Johnston Medical/Professional Office Space

      Well-maintained office space with drive-thru potential in Johnston, Iowa.
      6105 NW 86Th St, Johnston, IA 50131
      View Details
    • $9 SF/Yr
      58,147 SF

      Johnston Office/Flex Space Available

      Office and flex space available for lease in Johnston, Iowa.
      8101 Birchwood Ct, Johnston, IA 50131
      View Details
    • Contact for pricing
      32,000 SF

      Des Moines NW Johnston Dr Office/Retail

      Prime Des Moines location; build-to-suit options.
      5450 Johnston Dr, Johnston, IA 50131
      View Details
    • $7 SF/Yr
      14,501 SF

      Green Meadows West Office Park

      Johnston, IA Office Space Available
      5619 86Th St, Johnston, IA 50131
      View Details
    • $14 SF/Yr
      58,658 SF

      Johnston Executive Office Suites

      Prime Johnston location, flexible suites available
      86th St & Northpark Dr, Johnston, IA 50131
      View Details
    • $46 SF/Yr
      22,000 SF

      Johnston Executive Office Suites

      Premium Iowa Office Space: Flexible, Modern
      6165 Floors, Johnston, IA 50131
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Johnston, IA: Prime Retail Opportunity
    Where is this lifestyle center located?
    The property is located at 5260 Merle Hay Rd Johnston, IA.
    What are key features of this property?
    This property features: 1,350 - 8,955 SF of available space; West End location with drive-thru capability; Patio space potential
    Request Owner's contact information
    5260 Merle Hay Rd Johnston, IA 50131
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5260 Merle Hay Rd
    Johnston, IA 50131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5260 Merle Hay Rd Johnston, IA 50131
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.