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Sublease Highlights

  • Located within Ankeny’s active SE Delaware Avenue retail corridor
  • Built in 2005 with well-maintained exterior and signage
  • 122 surface parking spaces serving the shopping center
  • Easy access to Interstate 35 and major regional routes
  • Pylon signage available for enhanced visibility
  • Surrounded by established retail, dining, and service businesses

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 2,863 SF
  • Jan 2027
  • $29.87 CAD/SF/YR $2.49 CAD/SF/MO $85,511 CAD/YR $7,126 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Grand Pointe Shopping Center offers a sublease opportunity strategically positioned within Ankeny’s vibrant SE Delaware Avenue retail corridor, one of the most trafficked and highly visible retail hubs in the area. This location boasts seamless access to Interstate 35, providing strong regional connectivity to Greater Des Moines and beyond. The available space is configured as a connected inline suite with flexible demising options, accommodating businesses that seek to tailor their footprint for optimal efficiency. Recent upgrades, including new paint throughout, complement a layout that includes storage areas, multiple restrooms, and both front and rear access doors. Significant onsite parking and large storefront windows enhance convenience and visibility for tenants. Grand Pointe benefits from its proximity to major national retailers and adjacent shopping destinations along SE Delaware Avenue, ensuring consistent customer foot traffic. A strong co-tenancy mix, featuring Starbucks, Men’s Wearhouse, America’s Best, Milan Laser, and others, reinforces the center’s draw to a wide range of consumers. This dynamic setting positions incoming tenants to capitalize on footfall and long-term growth within a rapidly expanding metro trade area.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning
  • Private Restrooms
  • Wheelchair Accessible
  • Modern finishes and multiple restrooms included
  • Flexible open layout with customization potential
  • High-visibility location along SE Delaware Avenue
  • Strong co-tenancy with national retailers
  • Convenient front-door and rear access doors
  • Ample surface parking for customers and staff
Space Size Term Rental Rate Rent Type
1st Floor 2,863 SF Jan 2027 $29.87 CAD/SF/YR $2.49 CAD/SF/MO $85,511 CAD/YR $7,126 CAD/MO Triple Net (NNN)

1st Floor

Size
2,863 SF
Term
Jan 2027
Rental Rate
$29.87 CAD/SF/YR $2.49 CAD/SF/MO $85,511 CAD/YR $7,126 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Grand Pointe Shopping Center offers a sublease opportunity strategically positioned within Ankeny’s vibrant SE Delaware Avenue retail corridor, one of the most trafficked and highly visible retail hubs in the area. This location boasts seamless access to Interstate 35, providing strong regional connectivity to Greater Des Moines and beyond. The available space is configured as a connected inline suite with flexible demising options, accommodating businesses that seek to tailor their footprint for optimal efficiency. Recent upgrades, including new paint throughout, complement a layout that includes storage areas, multiple restrooms, and both front and rear access doors. Significant onsite parking and large storefront windows enhance convenience and visibility for tenants. Grand Pointe benefits from its proximity to major national retailers and adjacent shopping destinations along SE Delaware Avenue, ensuring consistent customer foot traffic. A strong co-tenancy mix, featuring Starbucks, Men’s Wearhouse, America’s Best, Milan Laser, and others, reinforces the center’s draw to a wide range of consumers. This dynamic setting positions incoming tenants to capitalize on footfall and long-term growth within a rapidly expanding metro trade area.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning
  • Private Restrooms
  • Wheelchair Accessible
  • Modern finishes and multiple restrooms included
  • Flexible open layout with customization potential
  • High-visibility location along SE Delaware Avenue
  • Strong co-tenancy with national retailers
  • Convenient front-door and rear access doors
  • Ample surface parking for customers and staff

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Grand Pointe I

  • Tenant
  • Description
  • US Locations
  • Reach
  • America's Best Contacts & Eyeglasses
  • Optical
  • 1,141
  • National
  • Dirty Birds Ankeny, LLC
  • Retailer
  • 1
  • -
  • Juna Sleep Systems
  • -
  • 1
  • -
  • Men's Wearhouse
  • Men's Apparel
  • 784
  • National
  • Milan Laser
  • Salon/Barber/Spa
  • 430
  • National
  • U.S. Cellular
  • Wireless Communications
  • 455
  • National
Tenant Description US Locations Reach
America's Best Contacts & Eyeglasses Optical 1,141 National
Dirty Birds Ankeny, LLC Retailer 1 -
Juna Sleep Systems - 1 -
Men's Wearhouse Men's Apparel 784 National
Milan Laser Salon/Barber/Spa 430 National
U.S. Cellular Wireless Communications 455 National

Property Facts

Total Space Available 2,863 SF
Property Type Retail
Gross Leasable Area 15,670 SF
Total Land Area 1.46 AC
Year Built 2005
Parking Ratio 7.79/1,000 SF

About the Property

The property is part of the Grand Pointe Shopping Center and is located along SE Delaware Avenue in Ankeny, Iowa. It is a single-story retail strip center constructed in 2005 with pylon signage visibility. Zoning is C-2 Highway Commercial under the City of Ankeny jurisdiction. The center comprises approximately 122 surface parking spaces. SE Delaware Avenue reports an average daily traffic volume of about 24,000 vehicles. Interstate 35 is located nearby, carrying approximately 70,300 vehicles daily. Surrounding developments include Delaware Centre, Delaware Square, and Delaware Marketplace, hosting multiple national retailers and service operators.

  • Pylon Sign
  • Wheelchair Accessible
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Chase
Buffalo Wild Wings
Planet Fitness
Chili's Grill & Bar
IHOP
Five Guys
Pancheros Mexican Grill
Huhot Mongolian Grill
Perkins
  • Listing ID: 41096990

  • Date on Market: 2026-06-29

  • Last Updated:

  • Address: 1805 SE Delaware Ave, Ankeny, IA 50021

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