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    1802 Delaware Ave Ankeny, IA 50021

    Sponsored
    For Lease
    $10 SF/Yr

    Prime Ankeny retail space, multiple suites available.

    Lot size:
    133,079 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Delaware Centre I & II offers a unique opportunity to lease retail space in a thriving Ankeny, Iowa location. This Class B outlet center and community/specialty retail property totals 133,079 square feet and sits on a 13.02-acre lot. The single-story building, constructed in 2000 and renovated in 2020, features three suites with a minimum divisible space of 2,702 square feet and a maximum contiguous space of 4,750 square feet. Currently, 11,269 square feet is available for lease. The property is zoned C-2 and enjoys a high-traffic location in the IA - Ankeny submarket of Polk County. Situated on SE Delaware Avenue, the center benefits from exceptional visibility and accessibility, with 48,400 vehicles passing daily and convenient access to I-35. This location is part of a regional retail corridor boasting over 2 million square feet of retail space within a one-mile radius. The center is anchored by national tenants such as TJ Maxx and Party City, ensuring a strong tenant mix and high foot traffic. This presents an excellent opportunity for businesses seeking high-visibility retail space in a dynamic and growing market. The property's address is 1802 - 2010 SE Delaware Ave, Ankeny, IA 50021.

    Property Features for 1802 Delaware Ave

    General Information

    Property type
    Outlet malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    133,079 SF
    Class
    B
    Total Rate
    110899.17

    Building Details

    Year Built/Renovated
    2000/2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1802 Suite 110C
    Size
    3,817 SF
    Rate per SF
    $10
    Space
    Floor 1, Suite 111
    Size
    2,702 SF
    Rate per SF
    $17
    Space
    Floor 1, Suite 252
    Size
    4,750 SF
    Rate per SF
    $17

    HighLights

    • Suite 111: 2,702 SF retail/medical/office space, $17.00 PSF NNN.
    • Suite 230: 4,200 SF former restaurant space, $21.00 PSF NNN.
    • Suite 252: 4,750 SF retail space, $17.00 PSF NNN.
    • High traffic count: 48,400 vehicles per day.
    • Regional retail area: 2 million square feet within a one‑mile corridor, anchored by TJ Maxx.
    • Excellent visibility, abundant parking, and monument signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Christopher & Banks Department Store Skeffington's Formal Wear ... Tuxedo Shop Lee Burns, Iowa ... Commercial Real Estate Agency Envision Salon Spa Hair Salon Iowa Realty: Allen ... Real Estate Agent

    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
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.5823765
    Latitude
    41.7104194

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    FAQs

    What type of property is this?
    Outlet mall - Prime Ankeny retail space, multiple suites available.
    Where is this outlet mall located?
    The property is located at 1802 Delaware Ave Ankeny, IA.
    What is the lease rate?
    The lease rate is $10-$17 SF/Yr.
    What are key features of this property?
    This property features: Suite 111: 2,702 SF retail/medical/office space, $17.00 PSF NNN.; Suite 230: 4,200 SF former restaurant space, $21.00 PSF NNN.; Suite 252: 4,750 SF retail space, $17.00 PSF NNN.
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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
    1802 Delaware Ave Ankeny, IA 50021
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