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    5525 Merle Hay Rd Johnston, IA 50131

    Sponsored
    For Lease
    $11 SF/Yr

    Des Moines West Office Space for Lease

    Lot size:
    63,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Johnston Station, a Class A, two-story office building in Des Moines West, offers exceptional executive office space for lease. Located at 5525 Merle Hay Rd, Johnston, IA 50131, this property boasts a total of 63,500 square feet, spread across one building situated on a 4.4-acre lot. Currently, there are 6,960 square feet of vacant space available, divisible into units ranging from 1,507 to 3,006 contiguous square feet. The building features a total of four suites, providing flexibility for various business needs. Built in 2005, Johnston Station is zoned Pud and offers ample parking with one underground parking spot provided per 1,000 square feet of leased space. The property's prime location in the IA - Des Moines West submarket of Polk County, Iowa, ensures excellent visibility and accessibility. This is an exceptional opportunity to secure high-quality office space in a thriving business community. The property's modern design and convenient amenities make it an ideal location for businesses seeking a prestigious and functional workspace. Contact us today to learn more about leasing opportunities and explore the potential of Johnston Station for your business.

    Property Features for 5525 Merle Hay Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    63,500 SF
    Class
    A
    Total Rate
    58208.33

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 275/280
    Size
    2,447 SF
    Rate per SF
    $11
    Space
    Suite 295
    Size
    1,507 SF
    Rate per SF
    $11
    Space
    Suite 190/195
    Size
    3,006 SF
    Rate per SF
    $18

    HighLights

    • Class A office space in Des Moines West, IA.
    • 6,960 SF available, divisible into 1,507‑3,006 SF units.
    • Rent starting at $11.00/SF.
    • 1⁄2 mile north of I‑80, offering high visibility.
    • Abundant parking, including one underground spot per 1,000 SF leased.
    • Outlot available for lease or build‑to‑suit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -93.6964871
    Latitude
    41.6611713

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    FAQs

    What type of property is this?
    Individual retail property - Des Moines West Office Space for Lease
    Where is this individual retail property located?
    The property is located at 5525 Merle Hay Rd Johnston, IA.
    What is the lease rate?
    The lease rate is $11-$18 SF/Yr.
    What are key features of this property?
    This property features: Class A office space in Des Moines West, IA.; 6,960 SF available, divisible into 1,507-3,006 SF units.; Rent starting at $11.00/SF.
    Request Owner's contact information
    5525 Merle Hay Rd Johnston, IA 50131
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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
    5525 Merle Hay Rd Johnston, IA 50131
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