Freestanding Restaurant with
For Sale
Contact for pricing
2607 Beaver Ave, Des Moines, IA 50310
Restaurant property includes a grease trap and dedicated on-site parking.
Property Size2,134 SF
Price / SF$351.45
Days on Market59
Property Features for 2607 Beaver Ave
General Information
Standard status
Active
Size
2,134 SF
Property subtype
RETAIL
Listing Agency:
Terrus Real Estate Group
(515) 471-4400
Listed By:
Tim Wirta · License #B57526000
(515) 314-7779
Source:
Moodyscre
Added: Aug 10
Changed: Oct 6
Last Checked: Oct 5 at 8:53PM
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 Terrus Real Estate Group
Investment Insights
Based on property information with market context.
This freestanding restaurant property comprises 2,134 square feet and includes the furniture, fixtures, and equipment. A grease trap is part of the property’s existing restaurant infrastructure, while 10 on-site parking stalls support customer and staff parking.
The property is located at 2607 Beaver Ave in the Beaverdale area of Des Moines, Iowa. Its standalone configuration and included FF&E provide a defined restaurant asset at an established address.
The property is located at 2607 Beaver Ave in the Beaverdale area of Des Moines, Iowa. Its standalone configuration and included FF&E provide a defined restaurant asset at an established address.
Key Highlights
- 2,134‑square‑foot freestanding restaurant property
- Furniture, fixtures, and equipment included
- Existing grease trap
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,275
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,500
$505.5K
Cap Rate 7%
$361,071
$361.1K
Cap Rate 9%
$280,833
$280.8K
Market Conditions
NOI Build-Up for 2,134 SF
Gross rent
$35.9K $16.80/SF
− Vacancy
−$2.2K −$1.01/SF
EGI
$33.7K $15.79/SF
− OpEx
−$8.4K −$3.95/SF
NOI
$25.3K $11.84/SF
Area
Des Moines, IA
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,500
Cap Rate 7%
$361,071
Cap Rate 9%
$280,833
Alternative Uses
Best Use
Specialty Retail
$361.1K
$315.9K – $421.3K
NOI $25,275 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$525.6K
$459.9K – $613.2K
NOI $36,789 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50310, IA
30,754
Population
14,162
Households
2.2
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,844
Density / Sq Mi
$74,473
Median Household Income
$46,091
Median Earnings
$1,043
Median Rent
$213,800
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property includes a grease trap and dedicated on-site parking.
Where is this conventional restaurant located?
The property is located at 2607 Beaver Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,134‑square‑foot freestanding restaurant property; Furniture, fixtures, and equipment included; Existing grease trap
