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    156Th Ct Urbandale, IA 50323

    For Lease
    $33 SF/Yr ($16,500 /Mo)

    6,000 SF Retail Space Available

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A retail center, located at the corner of Meredith Drive and NW 156th Street in Polk County, offers 6,000 square feet of available space across three buildings. The property sits on a 4.48-acre lot and features multiple suites ranging from a minimum of 1,770 contiguous square feet up to a maximum of 6,000 contiguous square feet. Currently, all 6,000 square feet are vacant and available for lease. The property is ideal for a variety of uses, including retail, office, and restaurant establishments. A 4,622 square foot space is particularly well-suited for a restaurant, with potential for outdoor patio seating. The center is strategically positioned near a new Hy-Vee grocery store and benefits from its location in a rapidly growing residential area. The property boasts excellent visibility and accessibility, situated on a four-lane section of Meredith Drive, with convenient access to Interstate 80/35. Lease rates are competitive, ranging from $30 to $35 per square foot, NNN. This pre-leasing opportunity presents a unique chance to establish a presence in a thriving neighborhood center. The property's location and flexible space options make it an attractive investment for businesses seeking high visibility and strong growth potential. Utilities are electric. The property consists of three single-story buildings with a total of four suites. APN is 1224101002.

    Property Features for 0 156Th Ct

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Class
    A
    Total Rate
    16500

    Building Details

    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1
    Size
    4,800 SF
    Rate per SF
    $35
    Space
    Available Space 1
    Size
    1,770 SF
    Rate per SF
    $35
    Space
    Suites 2
    Size
    6,000 SF
    Rate per SF
    $35

    HighLights

    • 1,770 to 6,000 square feet of retail or office space available for lease.
    • 4,622‑square‑foot restaurant space with patio potential.
    • Pre‑leasing.
    • Lease rates: $30-$35 per square foot, NNN.
    • Neighborhood center suitable for various service businesses, including medical and restaurant uses.
    • Corner location at Meredith Drive and 156th Street, near a new Hy‑Vee.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.831375993344
    Latitude
    41.643632687504

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    FAQs

    What type of property is this?
    Retail property - 6,000 SF Retail Space Available
    Where is this retail property located?
    The property is located at 156Th Ct Urbandale, IA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 1,770 to 6,000 square feet of retail or office space available for lease.; 4,622-square-foot restaurant space with patio potential.; Pre-leasing.
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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
    156Th Ct Urbandale, IA 50323
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