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418 S Ankeny Blvd 5,424 SF 100% Leased Retail Building Ankeny, IA 50023 $1,600,000 ($294.99/SF)
Investment Highlights
- Drive-thru building located along South Ankeny Boulevard with approximately 18,000 vehicles per day.
- 5,424 SF building offered for sale with abundant on-site parking.
- Area improvements and beautification projects underway to enhance visibility and accessibility.
- 2,400 SF drive-thru space available for lease starting January 2027.
- Surrounded by national retailers and residential neighborhoods, ensuring strong customer traffic.
Executive Summary
The surrounding area is experiencing continued development, supported by a robust local economy and proximity to major highways. With road enhancements underway and a dense residential base nearby, this property offers long-term value and adaptability for future business needs.
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This property offers a fully equipped drive-thru space along the high-traffic South Ankeny Boulevard corridor, providing exceptional visibility and accessibility. The available 2,400 SF drive-thru area is ideal for quick-service restaurants, coffee concepts, or similar operations seeking a ready-to-use location. Positioned along a major thoroughfare with approximately 18,000 vehicles per day, the site benefits from strong exposure and convenient ingress/egress. The property features abundant on-site parking and is surrounded by a mix of national retailers, dining establishments, and residential neighborhoods, ensuring a steady flow of customers. Road improvements and beautification projects are currently underway, further enhancing the area’s appeal. Availability begins January 2027, offering ample time for planning and customization.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,424 SF | Restaurant | - | Jan 2027 |
1st Floor
| Size |
| 5,424 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Jan 2027 |
1st Floor
| Size | 5,424 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Jan 2027 |
This property offers a fully equipped drive-thru space along the high-traffic South Ankeny Boulevard corridor, providing exceptional visibility and accessibility. The available 2,400 SF drive-thru area is ideal for quick-service restaurants, coffee concepts, or similar operations seeking a ready-to-use location. Positioned along a major thoroughfare with approximately 18,000 vehicles per day, the site benefits from strong exposure and convenient ingress/egress. The property features abundant on-site parking and is surrounded by a mix of national retailers, dining establishments, and residential neighborhoods, ensuring a steady flow of customers. Road improvements and beautification projects are currently underway, further enhancing the area’s appeal. Availability begins January 2027, offering ample time for planning and customization.
Nearby Major Retailers
Property Taxes
| Parcel Number | 181-00303401000 | Improvements Assessment | $839,000 |
| Land Assessment | $531,000 | Total Assessment | $1,370,000 |
Property Taxes
Presented by
418 S Ankeny Blvd
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