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    2010 SE Delaware Ave Ankeny, IA 50021

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    2010 SE Delaware Ave Ankeny, IA 50021


    • Strip malls
    • 73,110 SF
    • 5.09 lot acres
    Retail Space in Regional Corridor For Lease
    $5,450,000

    Retail Space in Regional Corridor

    Retail space available in high-traffic Ankeny shopping center.

    2010 SE Delaware Ave, Ankeny, IA 50021
    View Listing
    Property ID
    US25-0330828
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Delaware Centre II / Shopping Center & Mall
    • T.J. Maxx / Sunglasses Store / Swimwear Store
    • Supercuts Ankeny Delaware / Hair Salon / Nail Salon
    • Tacos & Tequila La Cava Mexican Gastrobar / Restaurant
    • The Other Place Ankeny / Restaurant

    Property Details for 2010 SE Delaware Ave

    Year built
    2004
    Construction
    STEEL FRAME
    Lot size
    5.09 lot acres
    Property size
    73,110 SF
    Zone code
    C-2
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    181/00229-389-022
    APU
    18100229389022

    Description

    Delaware Centre I & II presents a compelling investment opportunity in Ankeny, Iowa. This Class B retail strip center and restaurant space, totaling 133,079 square feet, is situated on a 13.02-acre lot at 2010 SE Delaware Ave, Ankeny, IA 50021 (NEC Lorenz & Delaware Ave). Built in 2000 and renovated in 2020, the single-story building offers multiple tenancy options with a minimum divisible space of 2,702 square feet and a maximum contiguous space of 3,528 square feet. Currently, 10,047 square feet are vacant, presenting a significant opportunity for expansion or new tenants. The property boasts 560 parking spaces and benefits from its prime location within a thriving regional retail corridor, boasting over 2 million square feet of retail space within a one-mile radius. This high-visibility location on Delaware Avenue sees 32,000 vehicles daily, with convenient access from I-35. The center is anchored by national tenants such as TJ Maxx and Party City, ensuring a strong tenant mix and high foot traffic. The property is zoned C-2 and located in Polk County. This is an exceptional opportunity to acquire a well-maintained, strategically located retail property in a rapidly growing market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,236,000
      Market price range: $3.44M - $11.1M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $7,210,000
      Current use
      RETAIL STORES
      $8,530,000
      Change: +18% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $8,295,000
      Change: +15% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $6,100,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.5822
    Latitude
    41.7093
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $275,648
    $2,770,000
    $6,960,000
    $9,730,000
    -
    $2,770,000
    $6,960,000
    $9,730,000
    View Listing
    More about this property
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