Freestanding Retail Space on
For Lease
$24 SF/Yr
4212 Merle Hay Road, Des Moines, IA 50310
Retail property with high visibility and existing restaurant infrastructure.
Space Size1,832 SF
Property Size4,092 SF
Days on Market275
Property Features for 4212 Merle Hay Road
General Information
Standard status
Active
Size
1,832 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
4,092 SF
Year Built
2014
Spaces For Lease
at 4212 Merle Hay Road Contact us- Size
- 1,832 SF
- Type
- Restaurant
- Term
- Negotiable
4212 Merle Hay Road $24/SF/Yr
Listing Agency:
SVN | CREATE Commercial Real Estate Advisors
(515) 554-7412
Listed By:
Heath D. Bullock, CCIM, SIOR · License ##S66842000
(515) 554-7412
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 23 at 3:26AM
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 SVN | CREATE Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This freestanding retail property is available for long-term lease and is situated on the hard corner of NW Aurora Ave and Merle Hay Road, offering excellent visibility at a fully signalized intersection. The property has access to an existing grease trap, hood, and walk-in cooler and freezer. Running expenses include water and grease trap maintenance. The location is positioned between the interstate and Merle Hay Mall, which attracts over 3 million visitors annually. A multi-use area is planned for the Merle Hay Mall site, which is anticipated to increase visitor count to the area by an additional 300,000 or more. The corridor provides a diverse array of dining, shopping, and leisure options. The location targets both the densely populated surrounding neighborhoods and the high volume of commuters that travel along this corridor. The property size is 4092 square feet.
Key Highlights
- High Visibility: Located on the hard corner of a fully signalized intersection.
- High Traffic Location: Situated between the interstate and Merle Hay Mall, attracting over 3 million annual visitors.
- Growing Customer Base: Merle Hay Mall expansion is projected to increase visitor count.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
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
Market
Lease Benchmarks for Des Moines, IA
$19.19 /SF/Yr
Avg Asking Price
$8.5–$34 /SF/Yr
Price Range
5,635 SF
Avg Space Size
This space is priced 25% above the average of $19.19 /SF/Yr.
Vacancy Rate% for Retail in Des Moines, IA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property with high visibility and existing restaurant infrastructure.
Where is this retail space located?
The property is located at 4212 Merle Hay Road Des Moines, IA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: High Visibility: Located on the hard corner of a fully signalized intersection.; High Traffic Location: Situated between the interstate and Merle Hay Mall, attracting over 3 million annual visitors.; Growing Customer Base: Merle Hay Mall expansion is projected to increase visitor count.
