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Standalone Corner Retail Investment
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3321 E 14th St, Des Moines, IA 50316

Standalone 4,760 SF retail property on a corner lot with long-term tenant under an NNN lease.

Property Size4,760 SF
Price / SF$99.79
Days on Market232

Property Features for 3321 E 14th St

General Information

Standard status Active
Size 4,760 SF
Property subtype RETAIL

Site & Location

Traffic Count 18,200 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 8%
Listing Agency: NAI Iowa Realty Commercial
Listed By: Daniel Dempsey
Source: Moodyscre
Added: Dec 23, 2025 Changed: Jul 26 Last Checked: Jul 26 at 2:49AM

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 NAI Iowa Realty Commercial

Investment Insights

Based on property information with market context.

This standalone retail investment features 4,760 SF of retail space. The current tenant has leased the space since 1997, and the property is structured as a NNN lease, with the tenant paying for expenses. The offering is presented for sale with an 8% cap rate.

The property sits on a corner lot with frontage along E 14th St. Traffic counts include over 18,200 AADT on E 14th St, and I-235 is reported at over 83,000 AADT. The site is described as minutes from the I-235 Euclid exit.

For prospective buyers and brokers, the combination of long-term occupancy and NNN expense structure can be an important consideration when underwriting a retail retail investment.

Key Highlights

  • Standalone 4,760 SF retail property on a corner lot
  • Long‑time tenant has leased the space since 1997
  • Corner location at E 14th St and E Ovid Ave with frontage on E 14th St

Property Analytics

Current Use

National Coatings & Supplies Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Grocery & Convenience Store Bakery

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

18,200 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

954
Businesses Nearby

Demographics for 50316, IA

16,785
Population
6,002
Households
2.8
Avg Household Size
33
Median Age
13%
College-Educated
78%
High-School Grad
3.6 sq mi
ZIP Area
4,663
Density / Sq Mi
$53,090
Median Household Income
$33,994
Median Earnings
$963
Median Rent
$137,300
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Retail space - Standalone 4,760 SF retail property on a corner lot with long-term tenant under an NNN lease.
Where is this retail space located?
The property is located at 3321 E 14th St Des Moines, IA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Standalone 4,760 SF retail property on a corner lot; Long‑time tenant has leased the space since 1997; Corner location at E 14th St and E Ovid Ave with frontage on E 14th St
(515) 306-0794 Call to check price and availability
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