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1220 W 18th St S
Newton, IA 50208
SBUX DT | Freeway Adj | Submit All Offers · Retail Property For Sale
Investment Highlights
- New Construction Drive-Thru Starbucks (NYSE: SBUX) Interstate 80 Freeway location
- Adjacent Casey’s: 591,900+ visitors in the last 12 months (top 25 in system, Placer.ai)
- Des Moines IA MSA has grown 15.6% from 2013-2023 (DSM Partnership.com)
- Interstate 80 Freeway: 2nd largest interstate freeway in the U.S.
- Proximate to high school, MercyOne Medical Center, and Iowa Speedway venue (125,000+ attendees per year) and “the Fastest Short Track on the Planet”
- Long Term Lease with Corporate Starbucks | Starbucks self-maintains parking lot
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,160 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.66 AC
Zoning
C - Commercial
Parking
27 Spaces (12.5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 13-04-101-002 | Improvements Assessment | $842,350 |
| Land Assessment | $114,610 | Total Assessment | $956,960 |
Property Taxes
Parcel Number
13-04-101-002
Land Assessment
$114,610
Improvements Assessment
$842,350
Total Assessment
$956,960
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