5260 Merle Hay Rd Johnston, IA 50131
- Lifestyle centers
- 8,955 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 5260 Merle Hay Rd
- Property size
- 8,955 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Johnston
- County
- Polk
- State
- Iowa
- Longitude
- -93.6981683
- Latitude
- 41.6560407