Property summary
This exceptional 1,757 square foot retail space is situated within the newly constructed Gateway Crossing Shopping Center in Johnston, Iowa, at 5260 Merle Hay Rd, zip code 50131. The property boasts a highly visible location on Merle Hay Road, a major thoroughfare with an impressive 25,000 vehicles passing daily (VPD), offering excellent access from both Merle Hay Road and Interstate 80/35. The building is part of a rapidly developing area, benefiting from proximity to significant… developments including the under-construction Ignit Sports Complex (featuring a 127-key hotel), the proposed Bombers Entertainment Center, LifeServe, and the Johnston Town Center. This single-tenant space, part of an 8,955 square foot building, is immediately available and presents a fantastic opportunity for businesses seeking high visibility and convenient access. The property offers building and monument signage opportunities, further enhancing its marketing potential. Base rent and tenant improvement (TI) allowances are negotiable, providing flexibility for prospective tenants. Ideal uses include, but are not limited to, physical therapy clinics, chiropractic offices, and nail salons. This prime retail location offers unparalleled exposure and growth potential within a thriving community.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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