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Warrior Station 40-64 E Hickman Rd 18,854 SF 80% Leased Office Building Waukee, IA 50263 $6,900,000 ($365.97/SF) 6% Cap Rate

Medical Offices Iowa Waukee 40-64 E Hickman Rd, Waukee, IA 50263

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INVESTMENT HIGHLIGHTS

  • Located in established professional business area.

EXECUTIVE SUMMARY

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

ATTACHMENTS

40-50-54 E Hickamn Rd Waukee Memorandum Brochure

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
18,854 SF
Building Class
B
Year Built
2011
Price
$6,900,000
Price Per SF
$365.97
Cap Rate
6%
NOI
$413,904
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,854 SF
Building FAR
0.20
Lot Size
2.13 AC
Zoning
C-1 - Community Highway Service Commercial District
Parking
89 Spaces (4.72 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 60
  • 3,759 SF
  • Office/Retail
  • Partial Build-Out
  • Now
40-64 E Hickman Rd, Waukee, IA for sale Floor Plan- Image 1 of 1
Floor Plan

This former orthodontics office is built-out with a spacious reception/waiting area, multiple large and versatile open rooms and 3 restrooms (2 public/1 private). For operating expenses call broker's.

Space Size Space Use Condition Available
1st Fl-Ste 60 3,759 SF Office/Retail Partial Build-Out Now

1st Fl-Ste 60

Size
3,759 SF
Space Use
Office/Retail
Condition
Partial Build-Out
Available
Now
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
40-64 E Hickman Rd, Waukee, IA for sale Floor Plan- Image 1 of 1
60 E Hickman Road.Waukee.Floorplan

1st Fl-Ste 60

40-64 E Hickman Rd, Waukee, IA for sale Floor Plan- Image 1 of 1
Floor Plan
Size 3,759 SF
Space Use Office/Retail
Condition Partial Build-Out
Available Now

This former orthodontics office is built-out with a spacious reception/waiting area, multiple large and versatile open rooms and 3 restrooms (2 public/1 private). For operating expenses call broker's.

1 1
40-64 E Hickman Rd, Waukee, IA - AERIAL map view - Image1
40-64 E Hickman Rd, Waukee, IA - AERIAL map view - Image2
40-64 E Hickman Rd, Waukee, IA - FLOOR PLAN Image
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
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Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(515) 453-5482

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Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 37429630

  • Date on Market: 8/26/2025

  • Last Updated:

  • Address: 40-64 E Hickman Rd, Waukee, IA 50263

More public record information on 40-64 E Hickman Rd, Waukee, IA 50263

The Office Property at 40-64 E Hickman Rd, Waukee, IA 50263 is currently available for Sale. Contact NAI Iowa Realty Commercial for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
40-64 E Hickman Rd, Waukee, IA for sale Primary Photo- Image 1 of 11
Primary Photo
40-64 E Hickman Rd, Waukee, IA for sale Building Photo- Image 2 of 11
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40-64 E Hickman Rd, Waukee, IA for sale Floor Plan- Image 3 of 11
60_E_Hickman_Road.Waukee.Floorplan
40-64 E Hickman Rd, Waukee, IA for sale Aerial- Image 4 of 11
Warrior_Station_Condos_Aerial
40-64 E Hickman Rd, Waukee, IA for sale Aerial- Image 5 of 11
Warrior_Station_Condos_Aerial_2
40-64 E Hickman Rd, Waukee, IA for sale Building Photo- Image 6 of 11
Interior
40-64 E Hickman Rd, Waukee, IA for sale Building Photo- Image 7 of 11
Exterior_Photo
40-64 E Hickman Rd, Waukee, IA for sale Building Photo- Image 8 of 11
Building Photo
40-64 E Hickman Rd, Waukee, IA for sale Plat Map- Image 9 of 11
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40-64 E Hickman Rd, Waukee, IA for sale Plat Map- Image 10 of 11
Warrior_Station_Condos_Unit_Breakdown
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Warrior Station | 40-64 E Hickman Rd
(515) 453-5482 x

Warrior Station | 40-64 E Hickman Rd

Jerry Marckres
(515) 453-5482

Tom Hudson
(515) 453-5480

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