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Fleur Drive Retail Building
For Lease
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4024 Fleur Dr, Des Moines, IA

Free-standing retail building on Fleur Drive available for lease.

Space Size4,500 SF
Lot Size1.99 Acres
Days on Market1989

Property Features for 4024 Fleur Dr

General Information

Standard status Active
Size 4,500 SF
Lot size 1.99 Acres
Property subtype RETAIL

Spaces For Lease

at 4024 Fleur Dr
Retail/Commercial Space for Lease $16.53/SF/Yr
Floor 1
Size 4,500 SF
Type RETAIL
Lease Type NET_NNN
Availability AVAILABLE, Now
Sublease No
Excellent free-standing retail building on Fleur Drive. Located across from the new Fareway grocery store and Cash Saver. This property is under a long-term sublease and is NOT for sale. • 2.0 Acres • 4,500 SF Building • Zoned C-2 (Highway Commercial) • All utilities • Canopy, fuel equipment, and underground storage tanks removed • High traffic Area: 31,500 VPD • Real Estate Taxes = $51,116/yr • Lease Rate: $6,200/month; $74,400/year
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Listing Agency: The Siedenburg Group
Listed By: Daniel Siedenburg
Source: Moodyscre
Added: May 5, 2021 Changed: Oct 13 Last Checked: Oct 12 at 9:24PM

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 The Siedenburg Group

Investment Insights

Based on property information with market context.

This 4,500-square-foot free-standing retail building is located on Fleur Drive, across from the new Fareway grocery store and Cash Saver. The property sits on 2.0 acres and is zoned C-2 (Highway Commercial). The location benefits from high traffic, with 31,500 vehicles per day. All utilities are available. The canopy, fuel equipment, and underground storage tanks have been removed. Real estate taxes are $51,116 per year. The lease rate is $6,200 per month or $74,400 per year. This property is under a long-term sublease and is not for sale.

Key Highlights

  • High traffic area with 31,500 vehicles per day.
  • Zoned C‑2 (Highway Commercial).
  • Located across from Fareway and Cash Saver grocery stores.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Dental Office Restaurant

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
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

401
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Des Moines, IA

$18.01 /SF/Yr
Avg Asking Price
$7.5–$34 /SF/Yr
Price Range
5,844 SF
Avg Space Size

This space is priced 8% below the average of $18.01 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Retail space - Free-standing retail building on Fleur Drive available for lease.
Where is this retail space located?
The property is located at 4024 Fleur Dr Des Moines, IA.
What is the lease rate?
The lease rate is $16.53 SF/Yr.
What are key features of this property?
This property features: High traffic area with 31,500 vehicles per day.; Zoned C‑2 (Highway Commercial).; Located across from Fareway and Cash Saver grocery stores.
(515) 778-5566 Call to check price and availability
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