4326 University Avenue Des Moines, IA 50311
Commercial building with service bays, gas pumps, and billboard.
- Added:
- Sep 25, 2025
- Days on Market:
- 290
- Last Refresh:
- May 8 at 8:06 pm
Property Features for 4326 University Avenue
General Information
- Standard status
- Active
- Size
- 3,784 SF
- Property subtype
- Special Purpose / Other
Listing office RE/MAX (515) 984-0222
Listing date Sep 25, 2025
Source Remaxcommercial
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All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX
Investment Insights
Based on property information with market context.
Key Highlights
- High‑visibility billboard generating strong annual income
- Prominent commercial building on busy University Avenue
- Features five service bays
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.6k | $16.80 |
| − Vacancy | −$3.8k | −$1.01 |
| EGI | $59.8k | $15.79 |
| − OpEx | −$14.9k | −$3.95 |
| NOI | $44.8k | $11.84 |
