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    OFF-MARKET
    Shopping malls

    1255 Hayes Ln, North Liberty, IA 52317

    8,625 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    This brand-new, 8,625 square foot retail center in North Liberty, IA, offers three available spaces ranging from 1,455 to 4,512 contiguous square feet. Located on heavily traveled Penn Street, this development boasts exceptional visibility and accessibility. Scheduled for October 2024 delivery in vanilla box condition, the spaces provide flexibility for various retail uses. The center benefits from its strategic location within a thriving community, adjacent to a significant 32,000 square foot Pizza Ranch & Entertainment Center (including a bowling center) and a 33,600 square foot recreation building, "The Palestra," featuring indoor basketball and volleyball courts. The property is surrounded by substantial residential development, including Solomon's Landing with 119 single-family homes and 396 multi-family units, ensuring a strong customer base. Further enhancing its appeal, a proposed 40-acre soccer complex is located nearby, and Interstate 380 is within minutes. This is an exceptional opportunity to establish a retail presence in a rapidly growing area of Johnson County. The building was constructed in 2024 and consists of one building.

    Property profile
    Verified
    Property type Shopping malls
    Year built 2024
    Total area 8,625 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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