12035 University Ave, Clive, IA 50325-8264
This exceptional sublease opportunity presents a unique chance to secure highly desirable office space at 12035 University Ave. The property offers flexible configurations, accommodating either a single tenant requiring 5,107 square feet encompassing twelve offices, or a shared workspace of 2,400 square feet, comprising five offices. The current lease expires January 2028, with the landlord open to extending the term for suitable tenants. This turnkey space boasts upscale finishes including granite floors and cherry woodwork throughout, a private entrance with first-floor access, and an impressive brick and limestone exterior. Located off University Ave. and 120th St., less than a mile from I-35, this location benefits from excellent visibility and accessibility, with over 27,000 vehicles passing daily. Multiple large offices are available, ideal for use as conference rooms. The current tenant, downsizing their operations, is seeking a sublessee to occupy all or a portion of this highly sought-after office space at an aggressive lease rate. This presents a rare opportunity to secure a premium location in a thriving office corridor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Clive, IAClive. Always verify with local authorities before improvements.
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.