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Restaurant Venue with Seating
For Lease
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2307 University Ave, Des Moines, IA 50311

Historic restaurant venue offering capacity for 328 and 3,278 SF in a highly trafficked area.

Space Size3,278 SF
Days on Market168

Property Features for 2307 University Ave

General Information

Standard status Active
Size 3,278 SF
Net Rentable 3,278 SF
Property subtype RETAIL
Lease Type NNN

Space & Availability

Available Space 3,278 SF
Contiguous Space 3,278 SF

Lease Terms

Lease Rate $15 /USD/SF/YR
Monthly Rent $4,097
Rent per SF/Year $15

Additional Details

Seating Capacity 328

Spaces For Lease

at 2307 University Ave Contact us

Prime Retail Opportunity in the Drake Neighborhood for Lease $15/SF/Yr

Floor
1
Size
3,278 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Property overview ∙Availability: 3,278 SF ∙Lease rate: $15.00 PSF NNN ∙TI Allowance:...
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Contact us
Listing Agency: JLL
Listed By: Nicholas Anderson · License #S69893000
Source: Moodyscre
Added: Mar 30 Changed: Sep 5 Last Checked: Sep 13 at 9:09AM

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 JLL

Investment Insights

Based on property information with market context.

Available for lease is a historic restaurant venue with 3,278 SF of space and seating capacity for 328. The property is positioned for restaurant, entertainment, or other retail uses, and is offered with a negotiable tenant improvement allowance.

The location is described as highly trafficked, just east of Drake, with nearby university and new residential development activity.

Lease rate is $15.00 PSF NNN, with TI allowance negotiable. The property is being presented as an established community venue with configuration suitable for foodservice and entertainment-oriented concepts.

Key Highlights

  • 3,278 SF available lease space with capacity for 328 people
  • Lease rate of $15.00 PSF NNN
  • Historic venue known in the community

Property Analytics

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Open Analytics

Current Use

Heart. Want You ... Resort Lefty's Live Music Music Venue

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Building Supply Big Box & Wholesale 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

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby
Under-served
Demand for This Use

Demographics for 50311, IA

14,782
Population
7,180
Households
2.1
Avg Household Size
30
Median Age
41%
College-Educated
94%
High-School Grad
2.6 sq mi
ZIP Area
5,685
Density / Sq Mi
$63,233
Median Household Income
$35,086
Median Earnings
$1,019
Median Rent
$228,000
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
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Similar Off Market Nearby

  • Irene's Flowers 1151 25th St, Des Moines, IA 50311

Frequently Asked Questions

What type of property is this?
Storefront property - Historic restaurant venue offering capacity for 328 and 3,278 SF in a highly trafficked area.
Where is this storefront property located?
The property is located at 2307 University Ave Des Moines, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 3,278 SF available lease space with capacity for 328 people; Lease rate of $15.00 PSF NNN; Historic venue known in the community
(515) 729-6015 Call to check price and availability
More about this property
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