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Retail Space in Sherwood Forest
For Lease
$8.50 SF/Yr

7400 Hickman Road, Des Moines, IA 50325

Retail space with ample parking and strong traffic counts.

Space SizeContact for details
Days on Market151

Property Features for 7400 Hickman Road

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE
Listed By: Grant Wright, CCIM · License #S71622000
Source: Cbre
Added: Mar 25 Changed: Aug 17 Last Checked: Aug 22 at 8:39AM

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

Investment Insights

Based on property information with market context.

Sherwood Forest offers retail space suitable for new or relocating businesses. The property benefits from strong traffic counts and ample parking. It is centrally located within 6 minutes of Target, Merle Hay Mall, Walmart, Sam’s Club, Hy-Vee and Aldi, and has proximity to major West Des Moines and Des Moines corridors. The established tenant mix includes Baskin Robbins, Sherwood Forest Event Center, H&R Block, The Ridgemont, Edward Jones Financial Advisors, and Super Quick Liquor Store. Traffic counts reach 20,100 vehicles per day on Hickman Road. The property is locally owned and managed. The available space is 1871 square feet.

Key Highlights

  • High traffic counts (20,100 VPD on Hickman) offer excellent visibility.
  • Centrally located within 6 minutes of major retail destinations.
  • Ample parking available.

Property Analytics

Current Use

Sherwood Forest Event ... Hotel & Motel

Suggested Use

Top Pick Auto Parts Store Real Estate Agency Grocery & Convenience Store Furniture & Home Goods Building Supply 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
$1.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

Demographics for 50325, IA

18,619
Population
7,455
Households
2.5
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
7.7 sq mi
ZIP Area
2,418
Density / Sq Mi
$131,082
Median Household Income
$63,495
Median Earnings
$1,099
Median Rent
$379,000
Median Home Value

Market

Lease Benchmarks for Des Moines, IA

$19.19 /SF/Yr
Avg Asking Price
$8.5–$34 /SF/Yr
Price Range
5,635 SF
Avg Space Size

This space is priced 56% below the average of $19.19 /SF/Yr.

Vacancy Rate% for Retail in Des Moines, IA

5% 2019
8.4% 2020
5.8% 2021
6.2% 2022
6.1% 2023
6% 2024
5.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with ample parking and strong traffic counts.
Where is this retail space located?
The property is located at 7400 Hickman Road Des Moines, IA.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: High traffic counts (20,100 VPD on Hickman) offer excellent visibility.; Centrally located within 6 minutes of major retail destinations.; Ample parking available.
More about this property
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