UnityPoint Clinic at Warrior Station

40 - 50 - 54 - 60 E Hickman Road, Waukee, IA 50263

Property Information

  • For Sale $7,749,000
  • Property Type Office - Medical Office
  • Property Size 23,742 SF
  • Units 6
  • Building Class B
  • Year Built 2010
  • Date Updated May 14, 2026

Description

Located on busy Hickman Road in Waukee, IA.NAI Iowa Realty Commercial is proud to present UnityPoint Clinic at Warrior Station - an exclusive medical office investment opportunity in the rapidly growing community of Waukee, Iowa. Ideally located along high-traffic Hickman Road, the property benefits from outstanding visibility and exposure to more than 23,500 vehicles per day. This premier development consists of six professionally managed office condominiums, four of which are available for purchase. The anchor tenant, UnityPoint Clinic, occupies three of the four available units, totaling 15,095 SF. The clinic has four years remaining on their initial 10-year NNN lease, plus renewal options. The fourth unit for sale, is occupied by Greater Des Moines Orthodontics, features 3,759 SF of finished main-level space, along with 1,363 SF of lower-level, unfinished space. The orthodontist has 2 years remaining, plus a renewal option. The final 2 units are owned and occupied by Walnut Hills Pediatric Dentistry and are not being offered for sale. With its strong tenancy and prime location, Warrior Station Condominiums is an exceptional fit for 1031 exchange buyers and investors seeking a stable, income-producing medical office asset with long-term growth potential in fast growing community.

Highlights

  • 4 of 6 Units Available For Sale
  • Actual Cap Rate: 6.5%
  • Actual NOI: $502,241
  • Professionally Managed
  • Sale Price: $7,749,000
  • Traffic Counts: 23,500 VPD (2024 IA DOT)

Contacts

Jerry Marckres

NAI Iowa Realty

Location

Contact Listing Broker
Jerry Marckres

NAI Iowa Realty

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