Retail Suite on SE
For Sale
Contact for pricing
6058 SE 14th Street, Des Moines, IA 50320
Flexible retail space in high-traffic Des Moines location.
Property Size4,050 SF
Price / SF$0.01
Days on Market156
Property Features for 6058 SE 14th Street
General Information
Standard status
Active
Size
4,050 SF
Class
C
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
4,050 SF
Year Built
2007
Properties For Sale
at 6058 SE 14th Street
6058 SE 14th Street
Size
1,296 SF
Type
Strip Center
Term
60 months
Listing Agency:
NAI Iowa Realty Commercial - Des Moines
Listed By:
Matt T. Connolly · License #B56244000
(515) 975-9600
Source:
Naiglobal
Added: May 14
Changed: Oct 15
Last Checked: Oct 16 at 5:56AM
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 NAI Iowa Realty Commercial - Des Moines
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Investment Insights
Based on property information with market context.
Located on a busy commercial corridor in Des Moines, this 1,250 square foot retail suite is available for lease. Situated at 6058 SE 14th Street, the space benefits from high daily traffic and excellent signage opportunities. The location offers immediate proximity to national retailers. Ample parking is available adjacent to a big box retailer. The daily traffic count on SE 14th Street exceeds 27,000.
Key Highlights
- Prime south side location on Des Moines’ busiest commercial corridor (SE 14th Street).
- High daily traffic counts exceeding 27,000.
- Excellent signage opportunities.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,141
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,820
$242.8K
Cap Rate 7%
$173,443
$173.4K
Cap Rate 9%
$134,900
$134.9K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$18.8K $15.00/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$17.3K $13.88/SF
− OpEx
−$5.2K −$4.16/SF
NOI
$12.1K $9.71/SF
Area
Des Moines, IA
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,820
Cap Rate 7%
$173,443
Cap Rate 9%
$134,900
Alternative Uses
Best Use
Retail
$173.4K
$151.8K – $202.4K
NOI $12,141 @ 7.0% cap · market cap 80,940.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$307.9K
$269.4K – $359.2K
NOI $21,550 @ 7.0% cap · market cap 143,666.67%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
525
Businesses Nearby
Explore this area
Business Placement
Demographics for 50320, IA
23,369
Population
9,317
Households
2.5
Avg Household Size
34
Median Age
24%
College-Educated
86%
High-School Grad
16.8 sq mi
ZIP Area
1,391
Density / Sq Mi
$83,710
Median Household Income
$44,418
Median Earnings
$1,110
Median Rent
$207,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Des Moines, IA
Frequently Asked Questions
What type of property is this?
Retail space - Flexible retail space in high-traffic Des Moines location.
Where is this retail space located?
The property is located at 6058 SE 14th Street Des Moines, IA.
What are key features of this property?
This property features: Prime south side location on Des Moines’ busiest commercial corridor (SE 14th Street).; High daily traffic counts exceeding 27,000.; Excellent signage opportunities.
