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    2300 University Ave Des Moines, IA 50311

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    For Lease
    $14 SF/Yr ($1,984 /Mo)

    Retail space available near Drake University, Des Moines.

    Property size:
    1,701 SF
    Lot size:
    0.78 Acres

    Property Features for 2300 University Ave

    General Information

    Size
    1,701 SF
    Lot size
    0.78 Acres

    Source: Denny Elwell Company Agent Darcy Gill

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Drake University

    This retail space, located near Drake University's campus in the 'Dogtown' area, features a brick exterior and windowed frontage. The property benefits from an active neighborhood environment with students, new construction, and planned improvement projects. Onsite parking is available. Suite 2310, offering 1,701 square feet, will be available starting January 1, 2026, at a rate of $14.00 per square foot on a PF/NNN basis. The location is approximately 2 miles from downtown.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wonderland Apothecary at Groovy ... Metaphysical Supply Store Groovy Goods Daydreams ... Tobacco Shop Black Toad Apothecary ... Herbalist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.648994
    Latitude
    41.600176

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    FAQs

    What type of property is this?
    Retail space - Retail space available near Drake University, Des Moines.
    Where is this retail space located?
    The property is located at 2300 University Ave Des Moines, IA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Located in the active "Dogtown" neighborhood near Drake University's campus.; - Available suite with **1,701 SF of space.**; - Onsite parking available.
    (515) 964-1587
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    2300 University Ave Des Moines, IA 50311
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    Des Moines, IA 50311
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2300 University Ave Des Moines, IA 50311
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