NORWALK, IOWA
1850 Sunset Ave
1850 Sunset Ave was the first multi-tenant retail building to be built in the Norwalk Central development. It was delivered to the market right as COVID-19 difficulties arose in economy. However, thanks to its visibility and location on Highway 28, the project was 100% leased up with market-leading rates. The tenant mix includes national credit tenants like Subway as well as local staples the town is proud of like Mahalo’s. Amenities include ample parking, drive-thru end cap, and more. Diligent Development placed longer-term financing at locked interest rates sub-5% making this project a well time coupon clipper for the foreseeable future.
Project Type
Retail
Project Size
8,500 SF
Completion
2019
Traffic Counts
16,000+ VPD
Estimated Population
46,036
(5 Miles)
Listing Brokerage
JLL Des Moines
Surrounding Location
HIGHWAY 28 & SUNSET AVE
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