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Retail Space with Pylon Signage
For Lease
$7 SF/Yr

1208 Grand Avenue, West Des Moines, IA 50265

Neighborhood Commercial District retail space with extensive parking, multiple HVAC units, and access from four curb cuts.

Space SizeContact for details
Days on Market19

Property Features for 1208 Grand Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE
Listed By: Dakota Little · License #S69609000
Source: Cbre
Added: Aug 21 Changed: Sep 8 Last Checked: Sep 8 at 5:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE

Investment Insights

Based on property information with market context.

The retail space at 1208 Grand Ave encompasses 36,000 square feet within a steel-frame building featuring concrete block tilt-up walls. Originally built in 1956, the property has undergone multiple remodels and received a new roof in 2022. Eight HVAC units support the building, while 215 parking spaces and pylon signage serve the site.

Zoned Neighborhood Commercial District, the property provides 194 feet of frontage and four curb cuts along Grand Avenue. It is situated near Hy-Vee, Walgreens, Fareway, and other neighborhood-serving retailers, with access to Historic Valley Junction, Downtown Des Moines, Ingersoll Avenue, and Interstate 235.

Key Highlights

  • 36,000‑square‑foot retail building built in 1956
  • New roof completed in 2022
  • Eight HVAC units serving the building

Property Analytics

Current Use

Decades Event Center Hotel & Motel Coming To You Live, ... Charitable Organization The Picker Knows​ Antiques ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Grocery & Convenience Store Travel Agency Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

525
Businesses Nearby

Demographics for 50265, IA

32,187
Population
15,104
Households
2.1
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
19.3 sq mi
ZIP Area
1,668
Density / Sq Mi
$84,588
Median Household Income
$49,785
Median Earnings
$1,065
Median Rent
$267,600
Median Home Value

Market

Lease Benchmarks for West Des Moines, IA

$20.14 /SF/Yr
Avg Asking Price
$14–$34 /SF/Yr
Price Range
8,323 SF
Avg Space Size

This space is priced 65% below the average of $20.14 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Neighborhood Commercial District retail space with extensive parking, multiple HVAC units, and access from four curb cuts.
Where is this retail space located?
The property is located at 1208 Grand Avenue West Des Moines, IA.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 36,000‑square‑foot retail building built in 1956; New roof completed in 2022; Eight HVAC units serving the building
More about this property
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