Building Details

Year Built 1995

Tenancy Single

Listing Agency: Bang Realty

Listed By: Brian Brockman · License #378952 Show Phone

Source: Crexi

Added: Mar 25 Changed: Sep 2 Last Checked: Sep 7 at 10:04AM

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Investment Insights

Based on property information with market context.

This for-sale retail property is offered with a 7.75% cap rate and a total size of 8,568 square feet.

The asset is located at 3838 Westown Pkwy in West Des Moines, Iowa (50266).

Key Highlights

• Retail property for sale totaling 8,568 SF
• Year built: 1995
• Marketed with a 7.75% cap rate

Property Analytics

Property Profile

Current Use

Red Lobster Restaurant

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,658

Businesses Nearby

Explore this area Business Placement

Demographics for 50266, IA

36,486

Population

18,481

Households

2

Avg Household Size

34

Median Age

60%

College-Educated

97%

High-School Grad

22.3 sq mi

ZIP Area

1,636

Density / Sq Mi

$85,282

Median Household Income

$53,306

Median Earnings

$1,285

Median Rent

$325,100

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - For sale retail property totaling 8,568 sq ft, marketed with a 7.75% cap rate.

Where is this retail space located?

The property is located at 3838 Westown Pkwy West Des Moines, IA.

What is the asking price?

The asking price for this property is $5,191,935.

What are key features of this property?

This property features: Retail property for sale totaling 8,568 SF; Year built: 1995; Marketed with a 7.75% cap rate