8650 Hickman Rd
Clive, IA 50325
Natural Grocers · Retail Property For Sale

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Natural Grocers by Vitamin Cottage store located in Clive within the Des Moines metropolitan area. The property is strategically positioned at a signalized intersection along US-6 (Hickman Road) which is the primary east-west thoroughfare in the area for this infill development. Natural Grocers has over 14 years remaining on the lease which expires May 31, 2031. This triple net lease features a rental escalation in the 11th year of the primary term and each four 5-year renewal option periods. The 15,000 square foot Natural Grocers property is strategically positioned at the signalized intersection of US-6 (Hickman Road) and 86th Street which experiences traffic counts of 54,100 vehicles per day. US-6 is the primary east-west thoroughfare in the trade area. The property has full movement access points on both major arterials. The property benefits from superior visibility, two 2-tenant monument signs at both access points and monument signage at the intersection for the City of Clive along with Natural Grocer' s signage. There are over 85,000 people living within a three mile radius of the property and the average annual household income exceeds $92,000 within a five mile radius of the property.