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Two-Story Restaurant Space
For Lease
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216 Court Ave, Des Moines, IA 50309

Restaurant space with outdoor patio and exposed brick, offering options on both the first and second floors.

Space Size4,203 SF
Days on Market198

Property Features for 216 Court Ave

General Information

Standard status Active
Size 4,203 SF
Property subtype RETAIL
Lease Type NNN

Amenities

outdoor patio

Spaces For Lease

at 216 Court Ave Contact us

The CC $16/SF/Yr

Floor
2 - South
Size
4,203 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Property Highlights – For Sale or Lease – In-place lease on 1st floor with strong...
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Listing Agency: CBRE
Listed By: Grant Wright
Source: Moodyscre
Added: Feb 26 Changed: Sep 5 Last Checked: Sep 11 at 11:19AM

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.

This two-story restaurant property offers opportunity for restaurant use on the first and second floors. The building includes an outdoor patio on the first floor, along with expansive window lines, open floor plans, and exposed brick finishes. Common areas were recently completed, and building signage updates were also completed.

An in-place lease is currently in place on the first floor with a strong local restaurant. The space benefits from excellent visibility within the Historic Court Avenue District.

For leasing considerations, the stated OPEX is $10.00/SF.

Key Highlights

  • In‑place lease on the 1st floor with a strong local restaurant
  • Restaurant space available on both the 1st and 2nd floors
  • Outdoor patio on the 1st floor

Property Analytics

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Current Use

The Stuffed Olive Des ... Bar & Pub The District Bar & Pub NesEmil – Yum Yum Restaurant Suite 203 Bar & Pub the venue Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Fish Market Veterinary Clinic Acupuncture Mobile Phone Store Furniture & Home Goods

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,894
Businesses Nearby
Under-served
Demand for This Use

Demographics for 50309, IA

9,532
Population
7,562
Households
1.3
Avg Household Size
30
Median Age
67%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
3,530
Density / Sq Mi
$57,974
Median Household Income
$52,775
Median Earnings
$1,166
Median Rent
$286,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Des Moines, IA

5% 2019
8.4% 2020
5.8% 2021
6.2% 2022
6.1% 2023
6% 2024
5.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space with outdoor patio and exposed brick, offering options on both the first and second floors.
Where is this conventional restaurant located?
The property is located at 216 Court Ave Des Moines, IA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: In‑place lease on the 1st floor with a strong local restaurant; Restaurant space available on both the 1st and 2nd floors; Outdoor patio on the 1st floor
(515) 745-5113 Call to check price and availability
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