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Single-Tenant NNN Property
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5485 Mills Civic Pkwy, West Des Moines, IA 50266

The property supports a single-tenant lease with occupancy extending through May 31st, 2034.

Property Size7,695 SF
Lot Size1.96 Acres
Days on Market143

Property Features for 5485 Mills Civic Pkwy

General Information

Standard status Active
Size 7,695 SF
Lot size 1.96 Acres
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Ferguson Commercial Real Estate Services
Listed By: Mitch Phillips · License #IA S64684000
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 3:47AM

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 Ferguson Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This single-tenant NNN property is leased to Grimaldi’s and includes a 7,695 SF building on a 1.96 acre site. The lease term runs through May 31st, 2034, providing a defined contractual timeline for the occupant’s tenancy.

The property is located at 5485 Mills Civic Pkwy in West Des Moines, Iowa. Financial information and additional property details are available through the broker.

Key Highlights

  • Single‑tenant NNN lease leased to Grimaldi’s
  • 7,695 SF building on a 1.96 acre site
  • Lease expires on May 31st, 2034

Property Analytics

Current Use

Grimaldi’s Pizzeria Restaurant Club Envy Nightclub

Suggested Use

Top Pick Building Supply HVAC Service Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

779
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
NNN property - The property supports a single-tenant lease with occupancy extending through May 31st, 2034.
Where is this nnn property located?
The property is located at 5485 Mills Civic Pkwy West Des Moines, IA.
What are key features of this property?
This property features: Single‑tenant NNN lease leased to Grimaldi’s; 7,695 SF building on a 1.96 acre site; Lease expires on May 31st, 2034
(515) 440-0400 Call to check price and availability
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