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University Park 8801 University Ave 9,082 SF of Retail Space Available in Clive, IA 50325
HIGHLIGHTS
- Generous On-Site Parking
- 28,600 VPD on University Avenue
- Existing tenants include: Many Hands Thrift Market, Buffet City, SAS Shoes, Monterrey Mexican Restaurant, Burn Boot Camp, Bella Love Event Center
- Signalized Intersection with Monument Signage
- Strong surrounding demographics
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 25/26 | 9,082 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $90,820 /YR $7,568 /MO | Triple Net (NNN) |
8801 University Ave - 1st Floor - Ste 25/26
+ Former bin store + Open floor plan
- Lease rate does not include utilities, property expenses or building services
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.
PROPERTY FACTS
| Total Space Available | 9,082 SF | Frontage | 714’ on University Ave |
| Center Type | Community Center | Gross Leasable Area | 140,765 SF |
| Parking | 364 Spaces | Total Land Area | 17.75 AC |
| Stores | 20 | Year Built | 1989 |
| Center Properties | 5 |
| Total Space Available | 9,082 SF |
| Center Type | Community Center |
| Parking | 364 Spaces |
| Stores | 20 |
| Center Properties | 5 |
| Frontage | 714’ on University Ave |
| Gross Leasable Area | 140,765 SF |
| Total Land Area | 17.75 AC |
| Year Built | 1989 |
ABOUT THE PROPERTY
University Park is a well-established retail center located at the busy intersection of University Avenue and 86th Street in Clive. Home to popular tenants like Many Hands Thrift Market, Monterrey Mexican Restaurant, and Burn Boot Camp, the center offers a strong mix of retail, dining, and service businesses that attract steady customer traffic.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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University Park | 8801 University Ave
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