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Property profile & analytics
OFF-MARKET
Neighborhood centers

1014 Hickman Rd Waukee, IA 50263

9,000 SF 1.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located at 1014 E Hickman Rd, Waukee, IA 50263, at the highly visible southwest corner of Hickman Road (Hwy 6) and Alice's Road (Grand Prairie Pkwy). The property, known as Waukee Marketplace, offers a single available parcel totaling 1.25 acres, ideal for build-to-suit or ground lease development. The existing Waukee Marketplace boasts a thriving retail environment, with established tenants including Starbucks, Aldi, AutoZone, UnityPoint, IHOP, Buff City Soap, and Tommy's Car Wash, ensuring high traffic and excellent visibility. The site features 9,000 total square feet across three buildings, with 4,000 square feet currently vacant. This presents a unique chance to establish a presence in a rapidly growing area with strong demographics. The property benefits from lighted access, a convenient Target entrance, and excellent signage opportunities, maximizing exposure to potential customers. The submarket is Waukee, Iowa, a dynamic and expanding community. This is a prime location for businesses seeking high-traffic exposure and a strong tenant base. The property is zoned for commercial use and offers a rare opportunity to build or lease in a premier location.

Property profile
Verified
Property type Neighborhood centers
Total area 9,000 SF
Lot 1.25 ac (54,450 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
Current use
Occupant on record · Public records
  • Starbucks Cafe & Coffee Shop
  • Stiletto Nails & Lashes Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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