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Property profile & analytics
FOR LEASE
Strip malls

2310 SE Delaware Ave Ankeny, IA 50021

32,060 SF 3.17 ac lot Built 2002
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US25-0357378
Property summary
AI-generated overview

This exceptional retail property, the Delaware Marketplace, is located at 2310 SE Delaware Ave, Ankeny, IA 50021, within the IA - Ankeny submarket of Polk County. The single-story, Class B building, constructed in 2002, offers a total of 32,060 square feet across multiple suites. Currently, there is 1,400 square feet of vacant space available for lease, perfect for a variety of retail businesses. The property sits on a 3.17-acre lot (137,895 square feet) and is zoned C-2. Ample parking is provided with 209 spaces available for customers and employees. The building features a total of 13 stories. This high-visibility location in a thriving neighborhood center provides excellent access and exposure for any business seeking to establish or expand its presence in the Ankeny market. The property's strategic location and ample parking make it an attractive option for businesses seeking a strong foothold in this growing community. This is a rare opportunity to secure a well-located retail space in a desirable Ankeny location. Contact us today to learn more about leasing opportunities.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Construction FRAME
Total area 32,060 SF
Lot 3.17 ac (138,216 SF)
Zoning code C-2
APN 181/00161-017-003
UPID US25-0357378
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
  • T-Mobile Mobile Phone Store Electronics & Wireless Store
  • Sleep Number Furniture & Home Goods
  • Brown Dog Bakery Pet Grooming Service
  • Rybolt Consulting, Inc. Tech Support Center IT Consulting Firm
  • The Scoops Udder Place Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.78M
Blend (final) Blend
$2.60M
Owner & transaction history
Delaware Marketplace LLC · 2 yrs held
Delaware Marketplace LLC
since 2023
4 recorded transactions
2023
Price N/A
2021
$125,000
2019
$115,000
2014
Price N/A
Zoning & alternative use
C-2 · Ankeny, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

192.09 C-2 GENERAL RETAIL, HIGHWAY ORIENTED, AND CENTRAL BUSINESS COMMERCIAL DISTRICT. The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well, much of the strip commercial property existing along the major streets and highways of the City. The uses permitted are intended to accommod…

Zone name General Retail Highway Oriented And Central Business Commercial
General category COMMERCIAL
Zone area 1,447.00 ac
Top alternative use upside
Retail stores $3.7M +18.3%
Apartment house (5+ units) $3.6M +15.1%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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