5450 Johnston Dr Johnston, IA 50131
- Warehouses
- 32,000 SF
Current Use by Public Records
- Warehouses
Property Details for 5450 Johnston Dr
- Property size
- 32,000 SF
- Property type
- Warehouses
- Property subtype
- Retail properties
Description
This exceptional 32,000 square foot property in Polk County's Des Moines Northwest submarket presents a unique investment opportunity. Situated on a 4.38-acre lot, this single-story building offers flexible space ideal for a variety of uses. Two spaces are available: a 23,000 square foot building suitable for office, retail, or flex space, and a 9,000 square foot space perfectly positioned for a restaurant or bar concept. The property boasts a highly desirable location directly east of the bike trail and Johnston's first dog park, and is conveniently located near new city kayak launch/water trails. Furthermore, its proximity to significant upcoming developments enhances its appeal. These include the Bombers Des Moines (a 50,000 square foot golf venue with a 100-room hotel), the LifeServe Blood Center (opening in 2024), and the Ignit Sports and Fitness recreation center (opening in 2024), which features a large indoor track, full-sized indoor soccer field, meeting spaces, fitness areas, multi-purpose courts, and outdoor recreation space. Lease rates are negotiable, making this an attractive proposition for businesses seeking a prominent location in a rapidly developing area. Minimum divisible space is 9,000 square feet, with a maximum contiguous space of 23,000 square feet. The property is currently entirely vacant.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Johnston
- County
- Polk
- State
- Iowa
- Longitude
- -93.6918
- Latitude
- 41.6576
