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Bank Branch with Drive-Up Window
For Lease
Contact for pricing

4500 Merle Hay Rd, Des Moines, IA 50322

The existing financial-services layout includes five offices, a teller station, and pneumatic tubes.

Space Size2,950 SF
Days on Market15

Property Features for 4500 Merle Hay Rd

General Information

Standard status Active
Size 2,950 SF
Net Rentable 2,950 SF
Property subtype RETAIL
Lease Type NNN

Space & Availability

Available Space 2,950 SF
Contiguous Space 2,950 SF
Space Use Bank

Lease Terms

Lease Rate $16 /USD/SF/YR
Monthly Rent $3,933
Rent per SF/Year $16

Site & Location

Drive-Thru Yes
Traffic Count 28,000 vehicles/day

Amenities

underground pneumatic tubes

Spaces For Lease

at 4500 Merle Hay Rd
End-Cap Space For Lease $16/SF/Yr
Floor 1
Size 2,950 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
Sublease No
This 2,950 sqft space is located Merle Hay Road (28,000 VPD) with excellent visibility! The space is currently built out as a financial institution with 5 offices, reception area, teller desk, drive-up window, and underground pneumatic tubes. Asking rate is $16/PSF NNN. Property is listed for lease only.
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Listing Agency: Stanbrough Realty Company
Listed By: Andrew McCune · License #S64937000
Source: Moodyscre
Added: Sep 23 Changed: Oct 2 Last Checked: Oct 5 at 9:17PM

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 Stanbrough Realty Company

Investment Insights

Based on property information with market context.

This 2,950-square-foot bank space has five offices, a reception area, a teller desk, a drive-up window, and underground pneumatic tubes. The existing configuration supports financial-institution operations without requiring the description to rely on a generic retail layout.

The property is at 4500 Merle Hay Road in Des Moines, Iowa, along a road carrying 28,000 vehicles per day.

Key Highlights

  • 2,950 square feet configured for financial‑institution use
  • Five offices, reception area, and teller desk
  • Drive‑up window and underground pneumatic tubes

Property Analytics

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Current Use

Vannguard DSM Office Corporate Office First Roofing Lovington Roofing Company

Suggested Use

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

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

28,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 50322, IA

31,652
Population
13,293
Households
2.4
Avg Household Size
40
Median Age
42%
College-Educated
93%
High-School Grad
10.8 sq mi
ZIP Area
2,931
Density / Sq Mi
$89,323
Median Household Income
$48,016
Median Earnings
$1,151
Median Rent
$263,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Bank - The existing financial-services layout includes five offices, a teller station, and pneumatic tubes.
Where is this bank located?
The property is located at 4500 Merle Hay Rd Des Moines, IA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 2,950 square feet configured for financial‑institution use; Five offices, reception area, and teller desk; Drive‑up window and underground pneumatic tubes
(515) 402-1642 Call to check price and availability
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