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West Des Moines Restaurant Opportunity
For Lease
$21.69 SF/Yr

4570 University Avenue, West Des Moines, IA 50266

Freestanding, fully-equipped restaurant on University Avenue available for lease.

Space SizeContact for details
Days on Market152

Property Features for 4570 University Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Des Moines
Listed By: Bill Wright · License #S33231000
Source: Cbre
Added: Mar 25 Changed: Aug 15 Last Checked: Aug 23 at 6:21AM

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 CBRE - Des Moines

Investment Insights

Based on property information with market context.

This 6,916 square foot standalone restaurant is available for lease in West Des Moines, Iowa. Situated on University Avenue, a major thoroughfare, the property benefits from high visibility and outstanding access. The surrounding area includes a mix of businesses, restaurants, shopping centers, and residential areas. The property is equipped with fixtures and equipment, presenting a turn-key opportunity for restaurant operators. Built in 1998 and recently remodeled, the building features a flat roof with a rubber membrane. The property includes 150 parking spaces as part of a Restrictions and Easement Agreement. A grease interceptor is in place, and an outdoor patio is available. University Avenue sees 17,800 vehicles per day. Neighboring businesses include Barnes & Noble, Chick-fil-A, Laughing Crab Cajun Seafood, Outback Steakhouse, Pet Smart, Bankers Trust, and Golf Galaxy.

Key Highlights

  • Turn‑key restaurant opportunity with all fixtures and equipment included.
  • High visibility location on University Avenue with 17,800 vehicles per day.
  • Standalone building with 6,916 square feet of space.

Property Analytics

Current Use

El Muchacho Alegre Restaurant

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Furniture & Home Goods Electrical Service 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

NNN (Triple Net)
Lease Type
$3.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,299
Businesses Nearby
Under-served
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding, fully-equipped restaurant on University Avenue available for lease.
Where is this conventional restaurant located?
The property is located at 4570 University Avenue West Des Moines, IA.
What is the lease rate?
The lease rate is $21.69 SF/Yr.
What are key features of this property?
This property features: Turn‑key restaurant opportunity with all fixtures and equipment included.; High visibility location on University Avenue with 17,800 vehicles per day.; Standalone building with 6,916 square feet of space.
More about this property
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