1255 Hayes Ln, North Liberty, IA 52317
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.