Waterloo Office for Sale

Opportunity to own an impressive class A building in the Greenbelt Centre Business Park. The main level of the property offers a large collaborative workspace surrounded by spacious offices and conference rooms. The property includes a parking lot with 25 parking stalls, an impressive entryway, and a kitchenette with a shared break area. On the second level of the property, there is a common area that, features an expansive conference room with a balcony. Additionally, the upper level includes another kitchenette/break area, a designated gym room, and a bathroom with a shower. This property is a state-of-the-art workplace with a sophisticated layout that offers a versatile workspace.

Property Subtype:

Medical

Date on Market:

2024-06-17

Sac City Retail for Sale

This highly visible free-standing store is located on Main/255th Street, just south of Highway 20 (one of Iowa‘s main east-west highways) in Sac City, Iowa. The 9014 SF freestanding build-to-suit building fis located on 1.31 acres, just west of downtown Sac City. Dollar General has occupied this location since it was new in 2004. Property is secured with a recently renewed NN+ lease, which includes percentage rent and minimal landlord responsibilities. Tenant also reimburses Landlord for property taxes and parking lot maintenance. Dollar General is the nation‘s leading small community discount store and posted $38.7B in annual sales in 2023.

Date on Market:

2023-02-21

Dubuque Office for Sale

Being located right off of Hwy 61, this property provides easy access in and out of Dubuque, which is less than 5 miles north. The property comes with 19 offices and a large open area. There is Hi-Tech software within the building and includes a 5.96/1000sf parking ratio that entails a parking lot wrapped around the entirety of the building. 301 Data Ct is located among numerous retailers and restaurants in Key West, IA.

Property Subtype:

Medical

Date on Market:

2022-05-16

Des Moines Office for Sale - CBD

3-story office building built in 1922 and ready for renovation Rare & exciting redevelopment opportunity in the heart of the Historic Court Avenue District in Downtown Des Moines Convenient on-site surface parking included Freight elevator & large basement for storage or additional space Excellent visibility on Court Avenue, just steps away from the nationally-recognized Downtown Farmers’ Market Expansive window lines with open floor plans Close proximity to restaurants, entertainment, and all that Downtown Des Moines has to offer 1st, 2nd, & 3rd Floor: 8,978 SF each Total Above Grade Area: 26,934 SF Basement: 9,648 SF Total Usable Area: 36,582 SF Surface Parking: 10,750 SF (40 Stalls)

Date on Market:

2026-03-31

Davenport Hospitality for Sale - Greater Davenport

AUCTION This property is going to auction June 15 - 17, 2026. Jon Ruzicka // Broker of Record // License IA B63379000 Property Tours Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers. Marcus & Millichap has been chosen to exclusively offer for sale the Best Western Plus Steeplegate Inn, a two story full service hotel with food & beverage operated by lessee, located at the crossroads of Interstate 80 and U.S. Route 61 in Davenport, Iowa. The hotel consists of 118 interior corridor rooms and benefits from close proximity to several attractions and businesses within the Quad Cities Metropolitan area. Amazon recently opened a 2.3-million square-foot, state-of-the-art robotics fulfillment center nearby, with the Best Western Plus Steeplegate Inn being the closest hotel to the site. Meta's subsidiary plans an $800 million data center in Davenport, supported by a $161 million tax exemption. The project will break ground in 2025 and finish in 2027, expanding Iowa's role as a data center hub. Amenities include a heated indoor pool & spa, spacious atrium, outdoor patio with seating, fitness center and complimentary breakfast. Business amenities include a business center and more than 8,000 square feet of meeting space. The hotel's F&B is leased out and run by the lessee. The F&B lessee provides catering services for events held at the hotel. The lessee also pays $120,000/year and 30% of the hotel's utility costs. F&B lease commences in September 2024 for events, bar and restaurant. Hotel is responsible for guest breakfast. The cost of capital property improvements in 2023 & 2024 total $756,750 and include 3 phase wiring in all guest rooms, new LVT flooring in 92 guest rooms, new PTAC units in 106 guest rooms, replacement of windows in poor shape in the amount of $36,000, new Atrium HVAC, new outdoor LED parking lot lighting, etc. Additionally, a new $346,380 solar roof has reduced the hotel's electric costs by 30% in its first six months.

Property Subtype:

Hotel

Date on Market:

2026-03-13

Cedar Rapids Office for Sale - Downtown Cedar Rapids

Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers: US Bank Complex | Downtown Cedar Rapids This generational opportunity includes a 186,355 SF building, a 42 stall surface parking lot, and a 256 stall parking garage. The historic building was originally built in 1926, with additions completed in 1964 and 1980. The possibilities for redevelopment are wide, as this property is located in the heart of downtown Cedar Rapids.

Date on Market:

2025-05-14

Des Moines Office for Sale - CBD

Please contact brokers for additional information.

Date on Market:

2024-05-08

Sioux City Land for Sale

- 1.03 AC Outlot available in the heavily trafficked Lowe’s parking lot; over 470,600 visits over the past 12-months - Shadow anchors include Lowe’s, Hobby Lobby, Fleet Farm, and Target with over 3.6 million combined visits over the past 12-months - Close proximity to Lakeport Commons Shopping Center with 4.5 million visits, and Southern Hills Mall with 3 million visits over the past 12-months - Outstanding visibility and full movement access to Sunnybrook Drive

Property Subtype:

Commercial

Date on Market:

2023-09-05

Shenandoah Retail for Sale

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing, second-generation restaurant/retail building located at 225 S Fremont Street in Shenandoah, IA (the “Property”). Formerly occupied by Burger King, the Property is being offered significantly below replacement cost, providing a compelling opportunity for owner-users or investors to acquire a highly visible, drive-thru-equipped retail asset at an attractive basis. FIRST BID MEETS RESERVE! Constructed in 1988, the Property consists of a ±3,816 SF, single-story, second-generation restaurant building with a drive-thru, situated on a ±1.01-acre parcel (±43,810 SF). The site features a concrete surface parking lot with 46 on-site parking spaces, multiple points of ingress and egress, and efficient internal circulation, supporting a variety of retail or restaurant uses. The Property benefits from exceptional frontage and visibility, including approximately ±129 feet along Fremont St/US Highway 59, a primary retail and commuter corridor carrying approximately 7,866 vehicles per day (VPD), as well as additional frontage along Fifth Avenue (±340 feet) and Iowa Street (±129 feet). This positioning along a well-established daily-needs retail corridor provides strong exposure and convenient access for both local and pass-through traffic. Previously leased to Burger King on a triple-net (NNN) basis, the asset presents a value-add opportunity through re-tenanting at prevailing market rents, with CoStar estimating retail rental rates in the range of $7 to $9/SF NNN. Zoned HB (Highway Business), the site permits a wide range of retail, restaurant, and service-oriented uses, enhancing operational flexibility and long-term redevelopment potential. The Property is located in Shenandoah, Iowa, a well-established community in Page County, positioned along U.S. Highway 59, the city’s primary retail and commuter corridor. The Property benefits from its location across from a Hy-Vee and Tractor Supply Co. anchored retail center and ±0.3-Mi from the area’s primary Walmart, contributing to consistent daily traffic and a stable retail environment. The surrounding area is supported by nearby community anchors including Shenandoah Community School District campuses, comprising five schools and approximately ±1,150 students, which collectively generate steady weekday activity and a reliable daytime population. The Property is also located approximately ±1.5-Mi from Shenandoah Medical Center (±25 beds), the region’s primary healthcare provider, supporting employment-driven traffic and demand for daily-needs retail and service uses. Additional demand drivers include Shenandoah Municipal Airport (±2-Mi) and the city’s historic downtown district (±0.5-Mi), which features local retail, dining, and community services that reinforce ongoing economic activity. These nearby generators, combined with the Property’s position along U.S. Highway 59, support consistent daily-use traffic patterns and strong visibility for retail and restaurant operators. The 5-mile trade area includes approximately ±5,574 residents with an average household income of ±$75,499, providing a stable customer base for neighborhood-serving retail.

Property Subtype:

Fast Food

Date on Market:

2026-04-29

Newton Retail for Sale - Jasper County

If you are looking for strictly passive income with no work, I would highly recommend taking a look at this Pizza Ranch building as investing in an annuity stream of payments. You are purchasing a long-term fully guaranteed lease. If you have ever heard of Pizza Ranch, they sell chicken and pizza buffet style and have a significant following. Their business model is simple and they will sign a 15-year absolute net lease where the tenant pays for all building and property improvements maintenance, including paving a new parking lot, replacing hvac, etc. Overview: Commercial Building For Sale that includes an Absolute NNN Pizza Ranch | 15-Year Lease | ~2% Annual Increases | Newton, IA. Stabilized net lease investment featuring Pizza Ranch at 1500 W 18th St S, Newton, IA Building: 4,968 Sqft. The property is secured by a 15-year Absolute NNN lease (commenced 5/1/2023) with ~2% annual rent escalations and landlord-passive responsibilities. Asking Price: $2,145,000 Income Summary: Years | Accumulated Income 5 Years | $704,830.11 | 10 Years | $1,493,287.58 | 15 Years | $2,363,808.35 | 20 Years | $3,324,933.61 | Highlights: Absolute NNN lease – highly passive ownership Tenant responsible for taxes, insurance, CAM Tenant responsible for all repair including roof, structure, HVAC, and major systems 15-year term commenced 5/1/2023 ~2% annual rent growth Strong fit for 1031 exchange buyers seeking long-duration income Note(s): 1. Every Pizza Ranch franchise agreement is tied that particular building, so they can't go build another one and leave your location. 2: A Pizza Ranch franchisee is required to have $250,000 liquid funds sitting in an account that's tied to this building. 3. Pizza Ranch corporate requires their franchisee to renew their franchisee license every 10 years. This absolute net lease is for 15 years. The franchisee will be required to renew their franchise license to this location in 2033 for another 10 years so that takes this lease 5 years past this May 2038 renewal, which means income through 2043. 4. Building paid off in year 14 (or sooner) resulting in $181,000 + in annual income or $15,000 / monthly income. Let me know if you have any questions. Happy to help.

Date on Market:

2026-04-15

Waterloo Flex for Sale

This offering presents a new construction industrial building opportunity in Waterloo, Iowa. The project is designed as a flexible shop / warehouse & office facility, offering both a cost-effective shell option and a fully finished turn-key solution. We have 3 typical sizes that we build. 6,192 sqft. (31x32 office, 50x104 shop) 8,502 sqft. (31x42 office, 60x120 shop) 13,248 sqft. (32x54 office, 80x144 shop) Note 1: If this isn’t exactly what you are looking for, we can mix & match different office & shop sizes to your liking. The attached images can help as a guide. Or we are happy to meet with you to talk through your, your clients, or your investment needs. Note 2: We can even divide the office & shop in half so you can own the building but lease half of it as an investment / income property. You could also occupancy the front half and lease the back space as a shop, indoor, or outdoor storage. We are offering 2 options to the market. The Vanillla Shell option gives clients the ability to finish it themselves or customize to their liking. The Finished option offers a beautiful turn-key workable space ready to go. Lot Information: Lot Number: 2 Lot Size: 3.35 ac. Parcel: 881306426047 Building Dimensions: Office: 32’ x 54’ | 1,728 sqft. Shop: 60’ x 120’ | 11,520 sqft. Total Building: 13,248 sqft. Pricing Summary Vanilla Shell: Price: $1,964,317 Estimated Monthly Payment: $9,380 Lease Rate | Base Rent: $12,194 / month Finished Turn-Key: Price: $2,800,986 Estimated Monthly Payment: $13,375 Lease Rate | Base Rent: $17,388 / month ** We typically have the building erected and ready for occupancy in approximately 12-16 weeks. Property Overview Post frame construction with insulated shop, 20’ ceiling height, four 16’ x 16’ overhead doors, 200 amp electrical service, LED lighting, and full utilities to the building. Office Layout (Finished Option) Reception area, 5 private offices, 12 - chair conference room, breakroom with kitchenette, 2 - restrooms, LVP flooring, and data/storage closet. Site & Civil Improvements The Vanilla Shell option Includes grading, utilities, aggregate base, and stormwater infrastructure, building erection, and insulation with 16’x16’ OH doors and 3’ walk in doors. We leave the floor gravel due to clients having different wants, needs, and sometimes the client wants to finish it themselves to save money. Finished option includes concrete parking lot, apron, office & shop finished to city code. Turn key product similar to the attached image. 10’ ceilings in the office & 20’ eve height in the shop. Customization Options Options include floor drains, radiant heat, wash bays, mezzanine space, 3-phase power, and security systems. Location Overview Located in the heart of the Cedar Valley about a block from the Loves Truck stop, right off the corner of Highway 20 and Highway 63, Iowa, about 2 blocks to the interstate interchange. Investment Highlights There is strong demand for contractor flex space with outside storage and ample parking, low maintenance construction, and flexible lease or owner-user strategies. • New construction, low maintenance • Strong contractor / industrial demand • Flexible build-to-suit options • Attractive lease vs ownership spread Building Features • 20’ clear height shop • (4) 16’x16’ overhead doors • 200 amp electrical • Utilities to building • Insulated shop with liner panel Customization Options The options are almost limitless. Floor drains, radiant heat, wash bays, mezzanine storage, 3-phase power, security systems, fence, gate, loading ramp or dock and more. We work closely with Dupaco Community Credit Union for flexible financing that can include interest only payments for the first 12 months. If you have any questions, feel free to give us a call. Happy to help.

Date on Market:

2026-03-28

Spencer Retail for Sale

Prime Location | Situated on the main retail corridor in Spencer, providing unique tenant appeal and long-term real estate value. High Credit Anchor Tenant | TJ Maxx committed to a long-term lease at the site, and has an S&P Credit Rating of "A" and over 1,300 locations nationwide. Only TJ Maxx within a 50-Mile Radius | TJ Maxx experiences over 295,000+ Annual Visitors, per Placer.ai. Minimal Landlord Responsibilities | All tenants operate under NNN leases, limiting landlord exposure to expenses. Recent Capital Improvements | Parking lot was fully replaced in 2023, West Wing Roof replaced in 2025, East Wing Roof replaced in 2023, and TJ Maxx Roof partially replaced in 2025. Strong Tenancy Mix | 80% of the GLA is Occupied by National Tenants (TJ Maxx, Maurices, Cricket Wireless, Rent-A-Center). Value-Add Potential | Upside opportunity through leasing the remaining vacant unit while collecting rents on a master lease. Strong Remaining Lease Term | Over 5.7-Years of WALT with Multiple Options & Rental Increases Recently Extended Leases | Four Tenants Recently Extended Their Leases, Demonstrating Their Commitment to the Site. Excellent Traffic & Visibility | 9,038+ vehicles per day with strong visibility and ease of access. Shadow Anchored By a Walmart Supercenter | Walmart experiences over 1.6M+ Annual Visitors, per Placer.ia, and is the only Walmart within a 20-mile radius. Positioned along Spencer's Primary Retail Corridor | Walmart, Menards, Bomgaars, Hobby Lobby, Dunham's Sports, Shoe Sensation, JC Penny, Jersey Mike's, Taco Bell, McDonald's, etc.

Date on Market:

2026-02-19

Winterset Office for Sale - Madison County

Excellent opportunity to own a commercial investment property in the wonderful community of Winterset. The property is fully leased with three retail tenants. It features strong annual revenue and a healthy capitalization rate. The building itself is in great condition and features a large parking lot, exterior safety/security lighting, ADA access, and modern signage. High traffic and visibility. The building is located across the street from the John Wayne Birthplace & Museum and also one block from the historic town square, rich in history, tourism, and a vibrant local business community. Winterset is widely known for its historic covered bridges, the birthplace of John Wayne, scenic byways, and holiday festivals. Winterset is the county seat of Madison County. Madison County tourism has earned a number of accolades and awards. City of Winterset population: 5,421. Madison County population: 17,161. Winterset median household income: $72,822. Majority of households in town are between $75,000-$100,000. Madison County median household income: $89,542. Please ask the listing agent for P&L statements All information obtained from seller and public records. The current owner is located in Des Moines and is wanting to keep his investment properties closer to home. Each tenant is on a separate water meter. Showings by appointment only and at least 24 hours notice is needed to coordinate with tenants. Please call Jeff at 319-430-5523 to schedule a time.

Date on Market:

2026-01-23

Cedar Rapids Specialty for Sale

Former Northbrook Baptist Church for Sale. The property includes a 10,000+ Congregation Room, Kitchen, and ample Office and Classroom space. New Congregation room constructed in 2002. Roof cover replaced in 2020. Great opportunity for a Church looking to expand in the market. Alternative uses include a day care or private school. Possession Immediate. Contact listing broker for showing instructions.

Property Subtype:

Religious Facility

Date on Market:

2025-12-09

Glenwood Retail for Sale - W Mills County

Dollar General and Anytime Fitness have both recently executed lease extensions through 2030. Annual rent increases for Anytime Fitness and rent increase for Dollar General at next renewal option. High visibility frontage on S Locust St directly off the Hwy 34 on/off ramps in Glenwood, IA. Part of the main retail corridor with strong co-tenants like McDonalds, O'Reilly Auto Parts, Subway, Bomgaars, Medicap Pharmacy and Casey's. Newly refinished asphalt parking lot. 30 minutes to Council Bluffs and Omaha MSAs. 20 minutes to Offutt Air Force Base

Property Subtype:

Storefront

Date on Market:

2025-11-12

Coralville Land for Sale

2.2 acres of commercial development land on the Coralville Strip (Hwy 6 at 6th Ave) at 605 2nd Street. The zoning is C-PUD2/C2 and is ideal for a project with first floor retail/commercial uses and 5-floors of condo/apartments above. See the attached concept plan in the associated documents. The daily traffic count in front of this site is 27,300 cars per day with the site at a hard corner with traffic light. All utilities are to the site and a Phase II site assessment has been performed. Coralville notes on building requirements regarding environmental issues: After reviewing sections 8, 9, and 10 in the Phase II ESA, it’s my opinion the only mitigation measures would be: Requiring a vapor barrier under the foundation/slab Ensuring the building has no dwelling units or enclosed parking garage below grade Prohibiting new water wells on the site (already prohibited by City ordinance)

Property Subtype:

Commercial

Date on Market:

2025-08-13

Clear Lake Retail for Sale

Prime Location and Commercial Property in Clear Lake. High traffic location in town, at the corner of Highway 18 East and N. 8th St.3879 Sq. Ft Building with almost half acre Lot (.445 acre). Building consists of a 2 Bay Service Shop connected to 124 x 24 feet of Sales, Office and Showroom space. Generous sized parking lot. Most recently home to a Recreational Rental business, providing canoes, kayaks, bikes, pontoons, and all forms of Recreational equipment. Great for Retail, Office, Auto Sales/Service or many more options. With this Prime Highway 18 corridor traffic location the lot would be the perfect opportunity to do a complete rebuild and new business. Close to downtown Clear Lake and the Lake. Well connected, close to Interstate 35 and Avenue of the Saints. CH-1 zoning(Commercial Highway Zone) allows much opportunity and flexibility.

Property Subtype:

Auto Dealership

Date on Market:

2025-05-08

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

Clarion Retail for Sale

Unique opportunity to own this commercial property. Included in the purchase, and updated within the last 2 years, gravel parking lot, shelving, walk-in cooler, updated wiring, security system, ballistic glass windows, new flooring, updated public restroom, and income from billboard lease.

Date on Market:

2025-01-21

Sioux City Office for Sale

Office building located on busy Gordon Drive (US Hwy. 20) in Sioux City, Iowa. The main floor of the building (5,220 SF) features 12 individual offices, a reception area, men’s and women’s restrooms,an open work space for cubicles, and a large conference room.The upper level (1,200 SF) features an open work area with great natural light. The lower level (5,220 SF) includes a break room,restrooms, an open work area, and storage. All three levels are climate controlled and have elevator access. The total square footage for all three floors is 11,640 SF and the parking lot includes 65 parking spots. The office is centrally located in the market with easy access to Hwy 20 and Interstate 29 and a traffic count of 19,800 VPD. **This building is available for sale or lease.

Property Subtype:

Office/Residential

Date on Market:

2024-03-25

Rockwell City Retail for Sale

The subject property consists of 9,014 SF freestanding building on 1.09 acres on the east side of Rockwell City, Iowa. The property is located on High Street/240th Street, just south of Highway 20, one of central Iowa‘s main east west highways. Dollar General has occupied this location since 2004 when the building was constructed. The property is secured with a recently renewed NN+ lease, which includes percentage rent and minimal landlord responsibilities. Tenant reimburses Landlord for property taxes and parking lot maintenance. Dollar General is the nation‘s leading small community discount store, having posted $38.7B in annual sales in 2023.

Date on Market:

2023-03-22

Davenport Office for Sale - Downtown Davenport

Property Subtype:

Loft/Creative Space

Date on Market:

2024-10-22