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Kimberley Plaza 502 N Ankeny Blvd 1,400 SF of Retail Space Available in Ankeny, IA 50023
Sublease Highlights
- Established retail center location.
- Excellent visibility and customer access.
- Centrally located within Ankeny.
- Positioned at a signalized intersection.
- Adjacent to national and regional retailers.
- Ample surrounding commercial activity.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,400 SF | Dec 2029 | $13.00 /SF/YR $1.08 /SF/MO $18,200 /YR $1,517 /MO | Triple Net (NNN) |
1st Floor
Papa Murphy’s is available for sublease at 502 N Ankeny Blvd in Ankeny, Iowa, offering an opportunity to establish a retail or food-service presence along one of the community’s primary commercial corridors. Positioned on North Ankeny Boulevard at a signalized intersection, the property benefits from daily exposure to more than 22,000 vehicles per day and convenient access to surrounding residential neighborhoods, retail destinations, and community services. The location is centrally situated within Ankeny, allowing businesses to reach a substantial portion of the city’s population within a short drive. The surrounding trade area includes a high-performing Hy-Vee grocery store and other established retailers that contribute to consistent consumer activity throughout the day. Nearby residential growth and strong household income levels further support local spending patterns and customer demand. The available space includes an existing connection to a grease interceptor, creating added functionality for food-related operators and reducing potential infrastructure costs associated with restaurant or prepared-food concepts. Its established retail setting, prominent visibility, and access to a broad customer base make the space suitable for a variety of retail, restaurant, or service-oriented users seeking a well-positioned location within the Ankeny market.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Signalized location on North Ankeny Boulevard.
- Visibility to over 22,000 vehicles daily.
- Adjacent to a high-performing Hy-Vee.
- Grease interceptor connection in place.
- Central Ankeny location with broad customer reach.
- Sublease available through December 2029.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Kimberley Plaza
- Tenant
- Description
- US Locations
- Reach
- Amigos Mexican
- -
- 1
- -
- Ankeny Tailor
- -
- 1
- -
- Atlas Games
- Retailer
- 1
- -
- Burn Boot Camp
- Fitness
- 476
- National
- Daylight Donuts
- Donut Shop
- 492
- International
- Maria Bonita Grocery Market
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Amigos Mexican | - | 1 | - |
| Ankeny Tailor | - | 1 | - |
| Atlas Games | Retailer | 1 | - |
| Burn Boot Camp | Fitness | 476 | National |
| Daylight Donuts | Donut Shop | 492 | International |
| Maria Bonita Grocery Market | - | 1 | - |
Property Facts
| Total Space Available | 1,400 SF | Total Land Area | 2.30 AC |
| Property Type | Retail | Year Built | 1994 |
| Property Subtype | Health Club | Parking Ratio | 1.8/1,000 SF |
| Gross Leasable Area | 21,146 SF |
| Total Space Available | 1,400 SF |
| Property Type | Retail |
| Property Subtype | Health Club |
| Gross Leasable Area | 21,146 SF |
| Total Land Area | 2.30 AC |
| Year Built | 1994 |
| Parking Ratio | 1.8/1,000 SF |
About the Property
The property is located at 502 N Ankeny Blvd in Ankeny, Iowa. The site is situated along North Ankeny Boulevard at a signalized intersection with reported traffic counts exceeding 22,000 vehicles per day. The available premises are being offered for sublease through December 31, 2029 and include a connection to a grease interceptor. The property is adjacent to a Hy-Vee grocery store within a developed retail corridor.
- Signalized Intersection
Nearby Major Retailers
