Spirit Lake Retail for Sale

SRS Real Estate Partners is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NNN leased Furniture Mart USA investment property located in Spirit Lake, Iowa. The tenant, Furniture Mart USA, Inc., is operating under a long-term lease through June 2031 with four (5-year) options to extend, demonstrating its continued commitment to the location. Furniture Mart USA is one of the largest furniture retailers in the Midwest, operating numerous locations throughout the region under the Furniture Mart and Ashley brands. The lease provides stable cash flow with limited landlord responsibilities, creating an attractive investment opportunity backed by an established regional operator. Additionally, major roof, HVAC, and parking lot replacement costs are shared 1/3 tenant and 2/3 landlord, further limiting ownership obligations. This property is being offered exclusively as part of a two-property portfolio with the Yankton, SD Furniture Mart property and must be purchased together.

Property Subtype:

Storefront

Date on Market:

2026-07-09

Marshalltown Retail for Sale

The Kibbey Building in downtown Marshalltown presents a compelling mixed-use investment opportunity with stabilized income and unique historic character. Originally constructed in 1895, this property underwent a full restoration between 2016 and 2018, including replacement of all major systems such as electrical, plumbing, HVAC, roof membrane, and fire suppression. Today, it offers diversified revenue streams across three commercial suites and four loft-style residential apartments, each with two bedrooms. Occupancy has remained at 100% since completion, supported by CPI-escalating net leases on the commercial spaces that extend through 2028 and 2029, ensuring predictable cash flow for years ahead. Residential units add further income stability, generating over $55,000 annually. Included in the sale is the adjacent 0.15-acre Gallery Garden, a landscaped green space currently under deed restriction until 2032, with redevelopment rights restored thereafter. Located in Marshalltown’s central business district, the Kibbey Building benefits from E Main Street frontage, proximity to restaurants, retailers, financial institutions, and free public parking. With a purchase price of $760,000 and an 8.74% cap rate alongside a net operating income of $66,431, this property offers investors long-term upside in a market characterized by steady demand and moderate operating costs.

Property Subtype:

Storefront

Date on Market:

2026-06-19

Cedar Falls Retail for Sale

Property Subtype:

Freestanding

Date on Market:

2026-06-10

Stuart Industrial for Sale

This property presents a purpose-built automotive facility featuring a durable steel-frame construction and essential upgrades for modern repair and sales operations. The site offers a versatile open-plan workshop supported by a 10x20 office, providing administrative functionality alongside operational efficiency. A rear overhead door measuring 10x12 enhances vehicle access for full-size units and efficient workflow. Operational enhancements include a reliable 3-phase power system, floor drains for compliance and ease of maintenance, and two natural gas radiant heaters delivering seasonal comfort. The building also features blown-in insulation to optimize temperature stability. A cross-draft paint booth is included in the sale, offering an immediate advantage to body shop or custom paint operators. Zoning allows for both auto repair and auto sales, creating an opportunity for a buyer to integrate multiple revenue streams within one facility. This property is positioned for entrepreneurs or established automotive businesses seeking a functional, ready-to-use asset with heavy-duty specifications.

Property Subtype:

Warehouse

Date on Market:

2026-06-04

Sioux City Specialty for Sale

Unlock the potential of an 8,577 SF grand granite stone building with a rich history dating back to 1898. Zoned NC.4, this property offers a unique opportunity for prospective Special Purpose / School / Church use or those considering a multi-family conversion close to Unity Point Hospital. The property's distinguished architecture and spacious interior present an ideal canvas for transformation, making it a compelling option for investors with a vision for historical significance and forward-thinking development. The backyard is a 1 1/2 block city park. Formerly a funeral home, the 1,969 SF main-floor chapel and 33-space parking lot could be used for a church, while the 3-story home could be used for single or multi-family. There is a small apartment on the third floor and there is a full basement for storage. There are 6 garage stalls. There will be a deed restriction preventing its use as a funeral home or similar use.

Property Subtype:

Religious Facility

Date on Market:

2026-06-01

West Des Moines Flex for Sale - Western Suburbs

Amazing owner-user office/flex opportunity in the heart of West Des Moines! This turnkey space currently includes 1,000+ SF of warehouse space with an overhead door, with remaining space being move-in ready office (10+ private offices, kitchenette and breakroom, training room, conference room, reception/waiting and open area). Space was previously larger warehouse and smaller office, and could be converted back if a user need demands. This lot is over 1.6 acres with ample parking. The property is very well maintained and in great condition.

Date on Market:

2026-05-26

Des Moines Retail for Sale - Northeast

Strategic Location & High-Value Real Estate Asset-Rich Investment: Sale includes both the thriving hospitality business and the underlying prime commercial real estate, providing a strong asset-backed foundation. High-Traffic Visibility: Situated on a heavily traveled main thoroughfare with exceptional street frontage, maximizing passive marketing and drive-by exposure. Ample Dedicated Parking: Features a rare, expansive private parking lot, removing a major friction point for customers and ensuring seamless accessibility during peak hours. Robust Financials & Turn-Key Operation Strong Net Profitability: A historically lucrative operation boasting healthy margins and a proven track record of consistent cash flow. True Turn-Key Opportunity: Fully equipped commercial kitchen, functional bar layout, updated POS systems, and all Furniture, Fixtures, and Equipment (FF&E) are included in the sale. Step in and profit from Day 1.

Property Subtype:

Bar

Date on Market:

2026-05-19

Des Moines Multifamily for Sale - Northwest

AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO WITH THE ADJACENT 45-UNIT “CLARKSON APARTMENTS” CBRE is pleased to offer the opportunity to acquire The Woods Apartments, a 34-unit apartment community strategically located in Des Moines, Iowa. Situated at the nexus of Douglas Avenue and MLK Jr Parkway, the property benefits from exceptional accessibility and proximity (under 10 minutes) to key retail, entertainment, and dining hubs including downtown Des Moines, Ingersoll Avenue, Beaverdale, and Merle Hay Mall. The location is also proximate to major employers such as Bridgestone-Firestone, Drake University, Broadlawns Medical Center, and the VA Central Iowa Health Care System. The Woods Apartments boasts an attractive unit mix of studios, one- and two-bedroom apartments, with nearly all units recently renovated. Additional capital improvements include a new hot water heater in 2025, new asphalt parking lot in 2025, new retaining walls, and updated landscaping. This offering presents investors with a compelling opportunity to acquire a stabilized property with immediate cash flow. Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=CxucyCANPygOEDg5g0h4T0Pt0Es1M0mK9DBklMroJwC2AzgSemh94Nnyg-K7oTmN Address: 2525 & 2535 Clarkson Ave, Des Moines, IA 50310 List Price: $2,020,000 Cap Rate: 9.01% Year Built: 1975 Number of Units: 34 Renovated Units: Nearly all units have been renovated with unit entry doors, new cabinets, countertops, vanities, new appliances, LVP flooring, paint, plumbing and lighting fixtures, and blinds. Unit Mix: 10-Studios; 4-1BR/1BA; 20-2BR/1BA Total Building SF: 24,960 Avg. Unit Rent: $802 (+ Utility Reimbursements) Recent Capital Improvements: New asphalt overlay in summer 2025 New hot water heater in 2025 Retaining walls, drain tile and swale in 2024 Nearly all individual and common water heaters have been replaced High intensity exterior LED lighting Steel secured entrance exterior doors with keypad Unit entry doors - metal door and metal frame Complete common area hallway and laundry room renovation (lights, pain, carpet) All units have Gyp-Crete floors and sound channels between units for sound reduction

Property Subtype:

Apartment

Date on Market:

2026-03-24

Des Moines Multifamily for Sale - Northwest

CBRE is pleased to offer the opportunity to acquire Clarkson Apartments, a 45-unit apartment community in a highly accessible Des Moines, Iowa location. Situated at the intersection of Douglas Avenue and MLK Jr Parkway, the property provides convenient access to major retail, entertainment, and dining destinations, including downtown Des Moines, Ingersoll Avenue, Beaverdale, and Merle Hay Mall, all within a 10-minute radius. Strong local employment is supported by nearby Bridgestone-Firestone, Drake University, Broadlawns Medical Center, and the VA Central Iowa Health Care System. 2519 Clarkson Ave offers an attractive blend of one- and two-bedroom units, with all units already renovated, minimizing immediate capital expenditure. Recent property enhancements include a new asphalt parking lot, newer boilers and hot water heaters, newer windows, and new roof on Building C in 2026. This offering provides investors with an immediate cash flow opportunity and the ability to further enhance returns through strategic value-add initiatives, specifically the conversion of the former leasing office into a rentable unit and the implementation of a gas utility reimbursement program. Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=4bG09jH9QaVX3kKDE4Lf6MalVTfIKsfTeLNDqxaviKRb8fMWpGgEQr2Fg6E3Sl7Y Address: 2519 Clarkson Ave, Des Moines, IA 50310 List Price: $2,655,000 Cap Rate: 9.02% Year Built: 1972 Number of Units: 45 Renovated Units: All units have been renovated with LVP flooring, carpet, paint, appliances, painted or replaced cabinets, resurfaced countertops, new light fixtures, and new door hardware throughout Unit Mix: 32-1BR/1BA; 13-2BR/1BA Total Building SF: 27,360 Avg. Unit Rent: $794

Property Subtype:

Apartment

Date on Market:

2026-03-24

Marion Office for Sale

Welcome to your next great opportunity in the heart of Marion! Step into this charming, fully remodeled 2-story gem right at the welcoming entrance to historic Uptown Marion. With prime visibility and steady high traffic flowing past your front door every day, this spot is perfect for attracting customers and growing your business! This turnkey property shines with fresh updates throughout: new electrical, handicap-accessible features, and a convenient off-street rear parking lot for easy access. The main floor is ready for your ideas—imagine a cute boutique, cozy lunch café, charming tearoom, or bright central office space. Flexible walls let you create the layout that fits your dreams! You'll love the thoughtful extras: 2 bathrooms, washer/dryer hookups, owned water softener, dehumidifier, a clean dry basement, and a useful storage area with floor drain and hot/cold water. Upstairs? A beautifully updated apartment with its own private entrance—ideal for rental income to boost your cash flow! Blending historic Uptown charm with modern comforts and unbeatable location, this property won't stay available long in thriving Marion. Get excited—schedule your private showing today and see the possibilities in person! Call or text now to book your tour before it's gone!

Date on Market:

2026-02-19

Dubuque Industrial for Sale

The Offering CBRE, as exclusive advisor to Owner, is pleased to present the opportunity to acquire the fee-simple interest in a ±120,800 SF single tenant NNN leased industrial distribution facility. The property is 100% occupied by Amazon (NASDAQ: AMZN), a global leader in e-commerce, cloud computing (AWS), digital streaming, artificial intelligence, and logistics with 2024 annual revenues of ±$638 B, an investment grade S&P credit rating (AA), and the #2 ranking in the Fortune Global 500. Built in 2007, and heavily improved ($16 M + cap ex) by Amazon in 2021/2022, the ±120,800 SF building sits on a large 13.91-acre parcel. The building possesses state-of-the art features ideal for modern logistics operators. In early 2025, Amazon proactively renewed the lease an additional five (5) years to August of 2031 = ± 5.33 years remaining (as of 4/1/26 analysis start date).The Dubuque site is a mission critical last mile facility which ties directly into Amazon’s major strategic push to aggressively invest in mid-sized logistic hubs across the Midwest to offer rapid delivery in smaller markets and compete directly with Walmart’s historical dominance / market share in these areas. Investment Highlights HIGHLY SECURED LEASE W/ AMAZON | CREDIT TENANT | 2ND LARGEST COMPANY IN THE WORLD — The property is 100% leased to Amazon (NASDAQ : AMZN), a global leader in e-commerce, cloud computing (AWS), digital streaming, artificial intelligence, and logistics with 2024 Annual Revenues of ± $638 B and an S&P Credit Rating = AA (Investment Grade Credit). Amazon is the #2 company in Fortune Global 500 (2nd Largest company in the world in terms of revenue). “STICKY TENANT” | RECENT FIVE (5) YEAR EXTENSION | NNN LEASE | 2% ANNUAL INCREASES — Amazon completed major capital improvements of over $16 M on the building / site in 2021/2022. Improvements included replacement of all HVAC units, new office areas, and expanding the parking lot. the property possesses state-of-the-art features which meet the current and future demands of high-flow logistics operations. — Amazon recently demonstrated their strong commitment to the site by proactively exercising an option to extend the lease an additional five (5) years to August of 2031. There are ±5.33 years remaining (as of 4/1/26 analysis start date) creating a highly secured / long term income stream. Amazon has three (3) five (5) year options remaining. MISSION CRITICAL MIDWEST “LAST MILE” DISTRIBUTION FACILITY = KEY AMAZON STRATEGY — Amazon’s presence at 7200 Chavenelle Rd underscores its steadfast commitment to strengthening distribution capabilities in secondary Midwest markets.The Dubuque facility enables Amazon to accelerate last-mile delivery, reduce transportation costs, and improve service levels for rural and suburban customers.. HIGH CONNECTIVITY LOCATION & SOLID UNDERLYING INDUSTRIAL REAL ESTATE FUNDMAENTALS — High Connectivity Location: Direct access to U.S. Route 20, 52, and 61 providing seamless access to Amazon’s last mile delivery customers in the region. — I-80 Corridor: The property possesses proximity to the vital I 80 corridor: Iowa’s premier east-west logistics corridor, where approximately 14,000 trucks traverse daily translating to efficient, high-volume freight flow to major markets like Chicago, Minneapolis, and St. Louis in under a day.

Property Subtype:

Cold Storage

Date on Market:

2026-02-10

Council Bluffs Flex for Sale - Downtown Council Bluffs

A fully renovated, single-tenant industrial warehouse totaling 26,972 SF on a 1.17-acre site at 2121 South 7th Street in Council Bluffs, Iowa. Originally constructed in 1961/1999, the property underwent a comprehensive interior and exterior renovation in 2022–2023, bringing it to good condition with a strong remaining economic life. The building features approximately 24,844 SF of warehouse space and 2,128 SF of office, with 18’–24’ clear heights, two dock-high doors, two grade-level doors, and surface parking for 20 vehicles. Upgrades include a new roof on the office/retail store, concrete parking lot, docks, new HVAC in east warehouse area, electrical systems, LED lighting, polished warehouse floors, updated office finishes, and ADA-compliant restrooms. The east warehouse area has a 6-year-old roof. Zoned General Commercial (C-2), the property is 100% owner-occupied, well-located within the Omaha–Council Bluffs market and is highly versatile for several commercial and industrial uses.

Property Subtype:

Light Distribution

Date on Market:

2026-01-15

Sioux City Retail for Sale

Located in the Southern Hills Shopping Center, the former Siouxland Sports Academy is a prime location for your retail or strip center business. Southern Hills offer a diverse range of retail and dining choices, ensuring a steady flow of foot traffic. With convenient access to major highways and ample parking, the property provides ease of access for visitors. The surrounding established residential neighborhoods ensure a built-in customer base. Embrace the opportunity to position your business in this thriving community and take advantage of the strategic location and local amenities that the former Siouxland Sports Academy has to offer.

Property Subtype:

Storefront

Date on Market:

2025-12-08

Urbandale Office for Sale - Western Suburbs

Completely Renovated Office Space with Modern Finishes. Main space includes 23 offices, conference room, kitchen / break area, 4 restrooms, reception area and secondary entrance. Additional unit rented to long time tenant for additional income. Large parking lot for employees and clients. Sale Includes Units 7-12. Furniture can be included

Date on Market:

2026-06-16

Cedar Rapids Retail for Sale - Downtown Cedar Rapids

Own a piece of the MedQuarter in downtown Cedar Rapids with this stabilized investment opportunity. Priced to reflect a 9% cap rate, this property is occupied by Gilded Pear Gallery, a long-term tenant since 2013 who recently extended their lease. The lease is structured as Modified Gross, with the Landlord responsible for capital expenses and building insurance, while the Tenant covers real estate taxes, snow removal, lawn care, HVAC, plumbing, electrical, and all utilities—providing a low maintenance ownership structure.

Date on Market:

2025-08-14

Spirit Lake Retail for Sale

For Sale or Lease! An exceptional opportunity in a high-visibility, high-traffic location at the corner of Highways 71 and 9—over 5,000 vehicles pass by each day. This 1.4-acre property sits on level ground between Subway and Super 8. Formerly a national chain restaurant, the building is move-in ready and includes a drive-thru, commercial hood, walk-in cooler and freezer, and a large paved parking lot. Recent improvements include a new roof and furnace. Offered for sale at $675,000 or available for lease at $5,500/month NNN with a minimum five-year term. All existing equipment can be included if desired.

Property Subtype:

Fast Food

Date on Market:

2025-08-11

Sioux City Office for Sale

The iconic 8-story Frances Building stands as one of downtown Sioux City’s most recognizable architectural landmarks and a proven cornerstone of the local commercial landscape. With an estimated ±54,000 SF of rentable space, this historic asset has served as a vibrant hub for commerce in the heart of Siouxland for more than a century, combining timeless character with enduring investment performance. The building offers a dynamic mixed-use environment, featuring street-level restaurant and retail tenants that energize the downtown streetscape, while upper-floor office suites maintain strong occupancy and consistent demand. This balanced tenant mix enhances both income stability and long-term leasing appeal. Ownership has demonstrated a commitment to preserving the Frances Building’s reputation as a desirable and functional workplace, completing meaningful capital improvements including elevator system upgrades, roof replacement, and modernized restrooms. These investments position the property for continued performance while retaining the historic charm that sets it apart in the downtown market. The Frances Building represents a rare opportunity to acquire a well-maintained, income-producing historic asset with scale, character, and a long-standing record of success in Sioux City’s central business district.

Date on Market:

2025-07-18

Waterloo Multifamily for Sale

Introducing 3719 W 9th Street. This investment property in Waterloo, IA, includes 24 units, on 0.567 acres with a 30+ space parking lot included. Built in 1978, this multi-family property offers a prime location adjacent to MercyOne Waterloo Medical Center, various employers, as well as many shopping and retail centers. With a unit mix of 19 one bedroom units and 5 two bedroom units this property creates the opportunity for major value add potential.

Property Subtype:

Apartment

Date on Market:

2025-02-05

Atlantic Retail for Sale

Prime commercial property with unlimited potential and a brand new Durolast roof finished on 12/30/25! Seller is offering a land contract so you can take advantage of this incredible opportunity to own a high-visibility commercial property located on the main thoroughfare though Atlantic, Iowa. This versatile space is perfect for retail, a bar, offices, or continue as a restaurant. Whatever your vision may be, the possibilities are endless! With excellent exposure and steady traffic flow, your business will get the attention it deserves. The property offers plenty of parking, making it a convenient and accessible destination. Whether you're starting something new or expanding an existing venture, this prime location is ready for your big ideas. Location, flexibility, visibility - it's all here! Updates included a recently remodeled restroom, new heating and a/c units and a mini-split installed in 2020, asphalt in parking lot installed in 2021, new sewer line from the street to the building in 2022, new electrical system installed underground to the building and new electrical box installed beside the existing box in 2023/2024. Please note that all equipment and furniture has been removed.

Property Subtype:

Storefront

Date on Market:

2025-01-18

Eldora Retail for Sale

The subject property is a freestanding 9,014 SF building in Grundy Center, Iowa. The property is ideally situated along Hwy-175 on the western edge of town. Dollar General has occupied the space since it was built in 2004. The store recently extended its lease for an additional 6 years, thus showing a strong commitment to the location.

Property Subtype:

Freestanding

Date on Market:

2024-12-24

Grundy Center Retail for Sale

The subject property is a freestanding 9,014 SF building in Grundy Center, Iowa. The property is ideally situated along Hwy-14 on the western edge of town. Dollar General has occupied the space since it was built in 2004. The store completed an interior remodel in 2024 and extended its lease, thus showing a strong commitment to the location.

Date on Market:

2024-12-24

Mount Ayr Retail for Sale

The subject property is a freestanding 7,200 SF building in Mount Ayr, Iowa. The property is ideally situated along Hwy-169 in the center of town. Dollar General has occupied the space since it was built in 2002. The store recently extended its lease for an additional 6 years, thus showing a strong commitment to the location.

Property Subtype:

Freestanding

Date on Market:

2024-12-24

Des Moines Office for Sale - CBD

The Depot is an iconic Des Moines historical building that is now for sale. The total building size is 20,591 sf and has two floors of office space. The building comes with a rare downtown parking lot that has 32 stalls.

Date on Market:

2024-11-15

Waterloo Office for Sale - Downtown Waterloo

Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers: • 38,940 SF Former bank building on 1.308 acres • The building has 3 stories and a large parking lot • It is located in the central business district of Waterloo, IA

Date on Market:

2024-11-14