West Des Moines Retail for Sale - Western Suburbs

This newly constructed Hy-Vee Fast & Fresh located at 9150 SE University Avenue in West Des Moines, Iowa. The property consists of a 6,674 square foot build-to-suit convenience retail building situated on approximately 2.86 acres at the signalized hard corner of University Avenue and 92nd Street. Built in 2023, the site features a Smokey Row Coffee drive-thru and 14 fuel pumps, offering a modern, high-traffic layout with multiple points of ingress and egress. Positioned less than three miles from the intersection of I-80 and I-35, the property benefits from strong regional connectivity and affluent surrounding demographics. Over 72,000 residents live within a three-mile radius, with average household incomes exceeding $151,000, supporting sustained consumer demand. West Des Moines is one of the fastest growing and most affluent communities in the Des Moines MSA, anchored by a diversified employment base and continued residential and commercial development, making this offering an attractive long-term net lease investment opportunity.

Property Subtype:

Convenience

Date on Market:

2026-03-10

Preston Retail for Sale

WSG CRE has been retained by ownership to market the fee simple interest in 401 E White St, Preston, IA, a Dollar General property. Dollar General has occupied the site since 2017 and operates under a net lease with a term extending through 2032. The lease is backed by a corporate guarantee from Dollar General Corporation. CORPORATE GUARANTY | NNN LEASE STRUCTURE The property is leased to Dollar General under a triple-net (NNN) lease structure with no landlord responsibilities, providing investors with a truly passive, management-free investment opportunity. All operating expenses, including taxes, insurance, and maintenance, are the responsibility of the tenant. LIMITED COMPETITION | COMPELLING VISIT STATISTICS The Dollar General in Preston, IA is the only dollar store in the community and the only one within a 12- mile radius, with the nearest location in Savannah, IL. The store receives more than 119,000 visits per year and ranks in the top 30% of Dollar General locations in Iowa, according to Placer.ai. The lack of nearby competition and strong visit data support the location’s consistent performance. STRONG IN-PLACE CASH FLOW The asset is offered at an asking price of $1,095,533, reflecting a 7.50% cap rate on current NOI of $82,165. The property offers stable, predictable annual income backed by a nationally recognized retailer, with 10% rental increases in each of the five option periods. 2017 CONSTRUCTION | LIMITED EXPOSURE Constructed in 2017, the building is relatively new and in good condition, which may reduce the need for significant capital expenditures during the hold period. The property also features Dollar General’s typical galvalume steel roof, which has an estimated useful life of more than 40 years.

Property Subtype:

Freestanding

Date on Market:

2026-03-06

Red Oak Retail for Sale

NAI Heartland is pleased to present a 22,950 SF, free-standing Tractor Supply located in Red Oak, Iowa. The tenant, Tractor Supply (TSC) is ranked #296 on the Fortune 500 list and is a nationally credited tenant. TSC has two 5-year options to renew at the greater of current rent or a 5-year CPI. Tractor Supply currently operates over 2,400 stores with plans to open an additional 100 stores in 2026. The company is aiming for 3,200 locations across 49 states by 2030. This is an ideal opportunity for an investor to purchase an income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance, and capital expenditures including the roof, structure & HVAC.

Property Subtype:

Freestanding

Date on Market:

2026-02-26

Cedar Rapids Retail for Sale

The Natural Grocers at 931 Blairs Ferry Rd NE in Cedar Rapids, IA 52402 is strategically located in a busy northeastern corridor that serves both residential neighborhoods and regional traffic connecting to nearby Marion and Interstate 380, making it easily accessible for everyday grocery runs and specialty shopping trips. Nestled among a mix of local retail and services, this location benefits from proximity to main thoroughfares that draw regular foot and vehicle traffic, helping both health-focused locals and visitors find natural and organic products without going far from major routes. The area around the store offers a blend of community amenities and conveniences, which supports frequent customer visits and positions the grocer as a go-to destination for organic produce, vitamins, supplements, and other health-oriented groceries in Cedar Rapids

Date on Market:

2026-02-20

Sheldon Retail for Sale

Jones Lang LaSalle Americas, Inc. ("JLL"), is pleased to exclusively offer for sale the fee-simple interest in Hardee's located at 505 2nd Ave in Sheldon, IA. This 3,434 SF quick-service restaurant sits on 0.82 acres and is secured by a long-term absolute NNN lease extending through August 2040. This investment opportunity offers investors a truly passive ownership experience through its absolute NNN lease structure, where Superior Star LLC, a well-capitalized franchisee operating 93+ Hardee's locations across 11 states, handles all operational aspects and property expenses. The lease provides built-in rent escalations every five years, with current annual income of $50,871 and four additional renewal options that could extend the tenancy through 2060. Sheldon represents an attractive market for quick-service restaurants, with Hardee's enjoying minimal direct competition from national fast-food brands in this community of approximately 5,200 residents. The restaurant benefits from its strategic positioning at Highway 18 and 320th Street, capturing traffic from both local residents and travelers along the primary east-west corridor. The surrounding area features complementary businesses including Casey's General Store and Subway, while the proximity to Sheldon Public Schools and Sheldon City Park generates consistent customer flow throughout the day. As the largest city in O'Brien County, Sheldon maintains economic stability through its diversified base of agriculture, manufacturing, and regional services. The community's strategic location provides businesses with access to larger markets while benefiting from lower operational costs and a stable workforce. Please refer to the OM for more information on this investment opportunity.

Date on Market:

2026-02-20

Mason City Office for Sale

Property Subtype:

Medical

Date on Market:

2026-02-16

Urbandale Retail for Sale - Western Suburbs

Multi Unit / Multi State operator New Roof in 2025 Significant Rent bumps this year, again in 2 years then every three years. 8.5 Years remaining on primary lease term Ample parking for any drive thru or sit down restaurant user

Property Subtype:

Fast Food

Date on Market:

2026-01-13

Waukee Retail for Sale - Western Suburbs

CBRE is pleased to exclusively offer for sale a single-tenant early education property operating as KinderCare in Waukee, Iowa. This property features a brand new corporate NNN lease expiring September 1, 2036, with minimal landlord responsibilities (specifically roof, structure, and foundations). The lease includes 2% annual rental increases and a full corporate guaranty from KinderCare Learning Centers, LLC.

Property Subtype:

Day Care Center

Date on Market:

2025-12-02

Fort Dodge Retail for Sale

Hard Corner Location | Main Retail Corridor | 20,000 VPD • CVS sits at the hard corner of 5th Ave S and S 121st St with excellent visibility to roughly 20,000 vehicles per day. • 5th Ave S serves as Fort Dodge’s main retail corridor, with numerous national retailers in the immediate area. o Major retailers in the surrounding area include ALDI, Menard’s, Walmart Supercenter, Target, and Dollar General, amongst others. o Other 5th Ave S retailers include O’Reilly Auto, Starbucks, Wendy’s, Bath & Body Works, Dunkin’, Advance Auto, Buffalo Wild Wings, and many more. 6 Minutes From UnityPoint Health - Trinity Regional Medical Center | Near Other Medical Offices and Facilities • CVS is situated approximately 6 minutes away from the UnityPoint Health - Trinity Regional Medical Center, a 200-bed regional referral center employing over 1,000 healthcare professionals and supported by a medical staff of 65 physicians. • Trinity is part of UnityPoint Health – Fort Dodge, within the broader UnityPoint Health network that serves communities across Iowa and parts of Illinois. • UnityPoint Health – Fort Dodge provides services for 8 counties in North Central Iowa, an approximate population of 137,000. • The surrounding area is home to a dense cluster of medical offices and healthcare facilities that drive steady traffic and daytime demand. Absolute NNN Lease | Corporate Guarantee | Zero Landlord Responsibilities | No Rent Holiday • The Property is subject to a long-term Absolute NNN lease with CVS which provides for zero landlord responsibilities and a completely passive investment. The lease boasts a corporate guarantee for added security. • This particular CVS does not have a common “Rent Holiday” clause nor any decrease in rent during the 1 first two option periods. Great Local Synergies | Schools | Nestle Purina PetCare Plant – $200M 2024 Investment | Other Distribution and Manufacturing • CVS is located within 10 minutes of numerous local schools including, but not limited to, Cooper Elementary, Fort Dodge Senior High and Middle, Fair Oaks Middle, and Saint Edmond Catholic School, among many others. As well, the Property is less than 10 minutes from Iowa Central Community College. • The Property is located roughly a quarter mile from Nestlé Purina’s PetCare manufacturing facility, which has produced canned cat food in Fort Dodge since 1995. In February 2024, Nestlé announced a $200 million expansion of the plant, reinforcing its long-term investment in the area. • Fort Dodge is home to a diverse base of manufacturing and distribution employers, including Pepsi, Winger Companies, National Gypsum Co., United States Gypsum Co., and Northern Lights Foodservice. fil-A, Tidal Wave Auto Spa, UnityPoint Health, and More • The Property is located just one-half mile from Corridor Plaza & Pavilion, a $90+ million redevelopment of the former Crossroads Mall. The project received over $17 million in Iowa Reinvestment District funding in 2021 to transform the site into a vibrant mixed-use district featuring event, retail, and hospitality uses. • Construction began in late 2024, with confirmed and planned tenants including Hy-Vee, Chick-fil-A, UnityPoint Health, Discount Tire, Tidal Wave Auto Spa, maurices, Dunham Sports, and many more. Proximity to Iowa’s Best Recreation | 800-Acre Offroad Park | 3 Time “Iowa’s 18-Hole Course of the Year” | 100-Acre Sports Complex – Host of State High School Softball Tournament 70+ Consecutive Years • CVS is located 10 minutes from the Gypsum City OHV Park. The 800-acre Off-Highway Vehicle park is Iowa’s largest with over 65 miles of trails for ATV, motorcycle, and other offroad riders. • The Property is also near the Harlan & Hazel Rogers Sports Complex, a 100-acre venue with 24 playing fields that holds state tournaments and community sports events. The Complex plays host for numerous Fort Dodge High School and Iowa Central Community College teams in addition to hosting the Iowa High School Girls State Softball tournament for the past 70+ years. • The Property is 5 minutes away from the Rosedale Rapids Aquatic Center, which features over 30 different water attractions for children, as well as the Oleson Park Splashpad and Music Pavilion. • Additionally, CVS is 10 minutes away from the Fort Dodge Country Club. The club’s semi-private golf course has been voted “Iowa’s 18-Hole Course of the Year” three separate times, most recently in 2022. • Other recreational activities in the area include the Webster County Fairgrounds, the Sports Park Raceway, a disc golf course, bowling alley, and numerous local/state parks, trails, rivers, and creeks.

Property Subtype:

Drug Store

Date on Market:

2025-11-20

Algona Office for Sale

Kwekel Companies is pleased to offer the sale leaseback of Pharmacists Mutual’s 67,629 square foot office building located on a 14 acre site. Pharmacists Mutual will execute a new 15 year absolute NNN lease at closing.

Date on Market:

2025-11-05

Hiawatha Office for Sale

Two-tenant investment opportunity on North Center Point Road in Cedar Rapids, IA

Date on Market:

2025-10-08

Cedar Rapids Office for Sale - Downtown Cedar Rapids

Built in 2012, this Class-A, three-story multi-tenant office building is located in downtown Cedar Rapids with direct I-380 access near the Medical District, shopping, dining, and entertainment. Constructed with masonry/concrete exterior, wood/steel structure, and quality finishes including commercial carpet, painted sheetrock, and granite lobby flooring. Current tenants are Morgan Stanley and Clifton Larson Allen LLP.

Date on Market:

2025-09-04

Waukee Office for Sale - Western Suburbs

Sale Price: $6,900,000.00 Actual NOI: $413,904 Cap Rate: 6.0% Renewal Options: Two - 5 Year Options with increases Traffic Counts: 23,500 VPD (2024 IA DOT) Local, Professionally Managed

Property Subtype:

Medical

Date on Market:

2025-08-26

Des Moines Retail for Sale - Northeast

Take advantage of this rare opportunity to own a stabilized single-tenant investment property in a high-visibility location along E Euclid Avenue. The building totals 3,132 square feet and is fully leased under a brand-new 10-year lease term, offering reliable cash flow and long-term tenant stability. Recent capital improvements include a new roof, HVAC system, grease trap, and updated site plan. The drive-thru has also been upgraded with new concrete, enhancing both functionality and curb appeal. Located in a high-traffic corridor with strong surrounding demographics, this property presents a turnkey investment with minimal near-term maintenance needs and a committed tenant in place.

Property Subtype:

Fast Food

Date on Market:

2025-07-14

West Des Moines Office for Sale - Western Suburbs

-Surgery Center and Clinic with Certificate of Need. -ASC and Clinic WALT is significantly below NNN market rent. -Significant amount of T.I. $ invested into the property 2024/ 2025.

Property Subtype:

Medical

Date on Market:

2025-06-04

Tiffin Retail for Sale

DOLLAR GENERAL - TIFFIN, IA Rare opportunity to acquire a Dollar General property in the rapidly growing city of Ti?n, IA. Priced at $2,211,875 with a 6.4% CAP rate, this new development boasts a 15-year Absolute NNN lease with Dollar General set to start rent in July 2026. Positioned along Hwy 6 with over 9,000 vehicles daily, this 1.78-acre property sits near Clear Creek Amana High School amid new residential developments. The affluent trade area enjoys a $115,000+ average household income within a mile and has seen a 121.67% population growth since 2010. Ti?n is recognized as one of the fastest-growing cities in the state. Guaranteed rent with 5% increases every five years and a strong tenant make this property an attractive investment opportunity. Don't miss out on this prime retail location with a national tenant and a promising lease in place. For more information, contact Brian Brockman at Bang Realty, Inc.

Date on Market:

2026-02-18

Conrad Retail for Sale

Located at TBD 330th St, Conrad, IA 50621, this brand-new Dollar General property presents a lucrative investment opportunity. Priced at $1,952,600 with a competitive 6.6% CAP rate, the 10,640 square foot building offers an absolute NNN lease with zero landlord responsibilities. Positioned strategically next to BCLUW Elementary and High School, the property enjoys high visibility and convenient access for local and regional traffic. With a lease term of 15 years remaining and scheduled rent increases every five years, this Dollar General location is backed by the Dollar General Corporation's corporate guarantee. Invest in a property with minimal competition as the only Dollar store within an eight-mile radius. Benefit from a solid retail tenant and a “plus-sized” prototype designed to cater to a larger customer volume. Don't miss out on this exclusive opportunity at TBD 330th St, Conrad, IA.

Date on Market:

2026-02-18

Davenport Industrial for Sale - Outlying Scott County

Value REIS is pleased to present the opportunity to acquire a single-tenant industrial facility leased to GardaWorld Cash Logistics at 17040 215th Street in Davenport, Iowa. The property is offered at $1,117,250 reflecting a 7.50% cap rate on current NOI of $83,793. The asset consists of approximately 6,000 SF situated on ±0.90 acres and has undergone meaningful recent upgrades, including a new roof and interior renovations completed in 2025, underscoring the tenant’s long-term commitment to the location. GardaWorld has occupied the site since 2005 and currently has nearly 11 years of remaining term with 2.5% annual rent increases, providing steady, predictable income growth. The lease is structured as double net (NN), with the tenant responsible for operating expenses while the landlord is responsible for roof and structure. GardaWorld is a global leader in security and cash logistics, serving financial institutions, retailers, and government clients throughout North America. The company operates hundreds of locations and generates billions in annual revenue, supporting durable demand for mission-critical facilities like this one. Located within the Quad Cities industrial corridor, the property benefits from immediate connectivity to Interstates 80 and 74, supporting regional logistics, distribution, and service operations throughout the Midwest. This offering provides investors the ability to secure a high-yielding, credit-backed industrial net lease with built-in rent growth, recent capital improvements, and long-term tenant commitment.

Property Subtype:

Warehouse

Date on Market:

2026-02-07

Portfolio of properties for Sale

CBRE is pleased to present the opportunity to acquire a portfolio of twelve freestanding retail properties, 11 of which are secured by NNN leases to OneroRX, Inc. (operating as Medicap Pharmacy), and an additional leased to Loving Cup, LLC (operating as Scooter’s Coffee). This portfolio offers stable, predictable cash flow supported by a well established tenant with a strong regional presence as well as separately leased land parcel occupied by Scooter’s Coffee, providing investors with added diversification and a passive, land lease revenue stream.

Property Subtype:

Mixed Types

Date on Market:

2026-01-20

Davenport Retail for Sale - Outlying Scott County

Property Subtype:

Convenience

Date on Market:

2026-01-14

Portfolio of properties for Sale

Northmarq in partnership with Equity Investment Advisors, is pleased to offer for sale to qualified investors the opportunity to purchase an nine-property bank branch portfolio spanning Iowa, North Dakota, Wisconsin, and Illinois (the “Portfolio”). The Portfolio is available for purchase either in its entirety or on an individual property basis, offering flexibility based on investor preference. The Portfolio presents a compelling opportunity to acquire mission-critical banking infrastructure in stable, relationship-driven markets. All nine properties are occupied under new, 17-year absolute NNN leases executed in connection with a recent sale-leaseback transaction.???????

Date on Market:

2025-12-12

Sioux City Office for Sale

Marcus and Millichap is proud to offer for sale fee simple ownership in the Affordable Dentures & Implants property located along Sunnybrook Court in Sioux City, Iowa. Affordable Dentures & Implants operate over 400 locations across 42 states and are a leading provider in tooth replacement services. The site was a build to suit for Affordable Dentures in 2012 and they’ve continuously operated since, most recently executing a lease extension through June 30th, 2030. The lease structure includes minimal landlord responsibilities and offers 5% rental increases every 5 years. The property is located conveniently one block off Highway 75 (23,446 VPD) in close proximity to Lowe’s, Target, Hobby Lobby, Fleet Farm, Ulta Beauty and Sherwin Williams. Household incomes exceed $100,000 within one mile of the subject property. Sioux City, Iowa is the fourth most populated city in the state and the county seat of Woodbury County. Sioux City serves as the regional hub for business, employment, retail, medical care, education and tourism. Top employers include Tyson Foods, Seaboard Triumph Foods UnityPoint Health and the National Guard’s 185th Air Refueling Wing.

Property Subtype:

Medical

Date on Market:

2025-05-06

Webster City Retail for Sale

The subject property is a 17,920 SF building in Webster City, Iowa. The property is well located on the northeast corner of Division and Superior Streets in downtown Webster City. Approximately 8,400 SF of the building is leased to Dollar General with the remaining 9,520 SF available for lease.

Property Subtype:

Storefront

Date on Market:

2019-10-30