2164 Northwest 108th Street

Located off Hickman Road and NW 108th in Clive IA.Owned and operated by the Thuente family since 1999, Victoria Cleaners has built a longstanding reputation for quality service, customer care, and operational consistency. Backed by decades of industry experience and multi-generational leadership, the company has become a trusted provider of professional dry cleaning, garment care, wash-and-fold laundry services, and specialty textile cleaning throughout the region. This offering presents a rare opportunity to acquire a long-term net leased commercial laundry and dry-cleaning facility occupied by an established operator with deep roots in the market and a proven operating history. The property is currently 100% leased with approximately 8 years remaining on the lease term, providing investors with durable cash flow and long-term income stability. The facility is specifically designed to support high-volume dry-cleaning and laundry operations, featuring a functional production layout tailored for garment processing, cleaning, pressing, storage, and customer service operations. Located within a strong commercial corridor, the asset offers stable occupancy, minimal landlord responsibilities, and dependable long-term investment fundamentals. Well suited for 1031 exchange buyers and long-term hold investors seeking stable yield backed by an experienced local operator with decades of successful business history and community presence.