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RETAIL REDEVELOPMENT OPPORTUNITY 11406 Forest Ave 3,022 SF Retail Building Clive, IA 50325 $1,300,000 ($430.18/SF)



Investment Highlights
- Operating KFC – Delivered Vacant at Closing/Prime Retail Development Opportunity Featuring Excellent Signage and QSR Infrastructure
- Healthy Demographics of 190,052 Residents in 5-Mile Radius And Positive Population Growth Expected in the Next 5 Years
- Easy Access From I-80 With Traffic Counts of 107,800 Vehicles Surrounded by National Retailers Including Target, Starbucks, McDonald's, Kohl, Walgreen
- Flexible Building Footprint Suitable for QSR, Coffee, Dessert, or Small- Format Retail / Just 10 Miles From Des Moines International Airport
- Affluent 1-Mile Community With Average Household Income of $124,365/Excellent Visibility Along University Ave With 28,500 VPDs
- Several Hotels, Schools, and Apartments Nearby Generating Additional Traffic to the Area
Executive Summary
This property represents a prime retail development opportunity in Clive, Iowa, featuring excellent signage and existing QSR infrastructure. The flexible building footprint is suitable for QSR, coffee, dessert, or small-format retail operations. Located along University Avenue with exceptional visibility and 28,500 vehicles per day, the property benefits from easy access to I-80, which carries 107,800 vehicles daily. The site is surrounded by national retailers and is just 10 miles from Des Moines International Airport.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,022 SF
Building Class
B
Year Built
1988
Price
$1,300,000
Price Per SF
$430.18
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.00 AC
Zoning
C-4
Parking
42 Spaces (13.9 Spaces per 1,000 SF Leased)
Frontage
157’ on Forest Ave
Amenities
- Pylon Sign
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Lease rate: Contact broker for pricing
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,242 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 3,242 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 3,242 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Lease rate: Contact broker for pricing
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 291-00065510001 | Improvements Assessment | $520,400 |
| Land Assessment | $1,272,300 | Total Assessment | $1,792,700 |
Property Taxes
Parcel Number
291-00065510001
Land Assessment
$1,272,300
Improvements Assessment
$520,400
Total Assessment
$1,792,700
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RETAIL REDEVELOPMENT OPPORTUNITY | 11406 Forest Ave
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