Two-Story Restaurant
For Lease
Contact for pricing
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 Market246
Property Features for 216 Court Ave
General Information
Standard status
Active
Size
4,203 SF
Property subtype
RETAIL
Lease Type
NNN
Site & Location
Neighborhood
Downtown Des Moines
Amenities
outdoor patio
Spaces For Lease
at 216 Court Ave
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 local restaurant
– Restaurant opportunities on 1st & 2nd floor
– Outdoor patio on 1st floor
– Excellent visibility within Historic Court Avenue District
– Expansive window lines with open floor plans & exposed brick
– Recently completed common area & building signage updates
– OPEX: $10.00/SF
Contact us
Listing Agency:
CBRE
(515) 224-4900
Listed By:
Grant Wright
(515) 745-5113
Source:
Moodyscre
Added: Feb 26
Changed: Oct 25
Last Checked: Oct 30 at 3:36PM
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
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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.
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
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
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Des Moines, IA
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
