Listing Agency: CBRE - Des Moines t***@cbre.com Show Phone

Listed By: Tyler Dingel · License #F03815000 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 10 Last Checked: Aug 23 at 12:21PM

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Investment Insights

Based on property information with market context.

This commercial real estate property offers 13,000 square feet of retail space. The property is located on a highly visible intersection in West Des Moines.

Key Highlights

• Located on highly visible intersection

Property Analytics

Property Profile

Current Use

Bike World (Bike/Boat/Book/etc) Store Central Appliances West Home Appliance Store Resharp Sharpening Service Cappel's Ace Hardware Building Supply

Suggested Use

Top Pick Law Firm Hair Salon Auto Repair Shop Restaurant Building Supply Dental Office

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

$2.10 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

249

Businesses Nearby

Explore this area Business Placement

Demographics for 50265, IA

32,187

Population

15,104

Households

2.1

Avg Household Size

38

Median Age

48%

College-Educated

95%

High-School Grad

19.3 sq mi

ZIP Area

1,668

Density / Sq Mi

$84,588

Median Household Income

$49,785

Median Earnings

$1,065

Median Rent

$267,600

Median Home Value

Market

Lease Benchmarks for West Des Moines, IA

$17.86 /SF/Yr

Avg Asking Price

$14–$21 /SF/Yr

Price Range

6,221 SF

Avg Space Size

This space is priced 22% below the average of $17.86 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available at a highly visible intersection.

Where is this retail space located?

The property is located at 5003 EP True Parkway West Des Moines, IA.

What is the lease rate?

The lease rate is $14 SF/Yr.

What are key features of this property?

This property features: Located on highly visible intersection