2212 Ingersoll Ave Des Moines, IA 50312
Retail space for sale near Ingersoll Avenue in Des Moines.
Property Features for 2212 Ingersoll Ave
General Information
- Standard status
- Active
- Size
- 4,162 SF
- Property subtype
- Retail
Listing office CBRE - Des Moines (515) 415-6108
Listing date May 23, 2026
Source Crexi
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 - Des Moines
Investment Insights
Based on property information with market context.
Key Highlights
- Great location just West of Ingersoll/Martin Luther King Jr. Parkway intersection.
- Close proximity to Grand Tree Apartments.
- Close proximity to Soll Apartments.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.4k | $15.00 |
| − Vacancy | −$4.7k | −$1.13 |
| EGI | $57.7k | $13.88 |
| − OpEx | −$17.3k | −$4.16 |
| NOI | $40.4k | $9.71 |
