Investment Overview
NAI Iowa Realty Commercial is pleased to present 8705 Chambery Blvd, a premier 9,650 SF multi-tenant retail center located in Johnston, Iowa. This property offers an exceptional owner-user acquisition opportunity with built-in cash flow. The owner-occupant space encompasses 5,328 SF and will be delivered vacant upon sale. The center’s long-term anchor restaurant tenant, Roots 95, occupies 4,306 SF under a long-term NNN lease.
Investment Highlights
- 5,328 SF Turnkey Owner Suite: Delivered vacant at closing, providing a prime contiguous footprint for medical, professional, or corporate users. The suite can be demised into smaller, ±1,400 SF bays.
- Long-Term Anchor Lease Expiration: Roots 95 is secured under a long-term NNN lease running through December 31, 2033 (2 renewal options).
- High-Growth Corridor: The location offers immediate access to 86th Street and the I-35/80 interchange.
- Ample Off-Street Parking: Surrounding surface parking field accommodates high-volume customer, client, and staff traffic.
- SBA 504 Loan Eligible: The 5,328 SF owner-user space accounts for 55.3% of total building square footage, exceeding the 51% threshold required for SBA financing with 10% down payment.