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Retail Space Near Hy-Vee
For Lease
$34 SF/Yr

7120 University Avenue, West Des Moines, IA 50266

Available configurations accommodate both smaller and larger commercial users.

Space Size4,505 SF
Property Size12,250 SF
Days on Market67

Property Features for 7120 University Avenue

General Information

Standard status Active
Size 4,505 SF
Net Rentable 1,337 SF
Property subtype Retail
Lease Term NNN

Space & Availability

Available Space 1,337-4,505 SF
Space Use Office

Site & Location

Anchor Co-Tenants Hy-Vee
Highway Access Yes
Road Access Yes

Amenities

Grease interceptor

Building Details

Building Size 12,250 SF

Spaces For Lease

at 7120 University Avenue Contact us

University Ave & 71st Street $34 – $36/SF/Yr

Size
4,505 SF
Term
Negotiable
Contact us
Listing Agency: Ferguson Commercial Real Estate Services
Listed By: Darin Ferguson · License #B35169000
Source: Fergusoncres
Added: Jun 25 Changed: Aug 29 Last Checked: Aug 29 at 3:52PM

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.

Retail space is available in configurations ranging from 1,337 to 4,505 SF. A grease interceptor is available, supporting restaurant-oriented occupancy requirements. The development is positioned in front of Hy-Vee and offers two full-access entrances from University Avenue.

University Avenue carries 29,000 VPD, while Jordan Creek Parkway carries 23,450 VPD. The property also provides nearby access to Interstate 80, Interstate 35, and Interstate 235, with visibility from the surrounding road network.

Key Highlights

  • 1,337‑4,505 SF of available retail space
  • Located in front of Hy‑Vee
  • Grease interceptor available

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

654
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

Lease Benchmarks for West Des Moines, IA

$17.83 /SF/Yr
Avg Asking Price
$14–$21 /SF/Yr
Price Range
8,934 SF
Avg Space Size

This space is priced 91% above the average of $17.83 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Available configurations accommodate both smaller and larger commercial users.
Where is this retail space located?
The property is located at 7120 University Avenue West Des Moines, IA.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: 1,337‑4,505 SF of available retail space; Located in front of Hy‑Vee; Grease interceptor available
More about this property
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