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Retail Space in West Des Moines
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840 1st Street, West Des Moines, IA 50265

New construction retail space available on Highway 28/1st Street.

Space SizeContact for details
Days on Market216

Property Features for 840 1st Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE
Listed By: Bill Wright · License #S33231000
Source: Cbre
Added: Mar 26 Changed: Oct 25 Last Checked: Oct 26 at 2:11PM

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

Rey
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Investment Insights

Based on property information with market context.

New construction retail space is available in Val-Gate on Highway 28/1st Street in West Des Moines. The property is located between Auto Zone and Scooter’s Coffee. Co-tenants include Dollar Tree and True Value Hardware.

Key Highlights

  • New construction offering a modern space.
  • Located on Highway 28/1st Street, ensuring excellent visibility.
  • West Des Moines location.

Property Analytics

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Open Analytics

Current Use

Valley Junction Plaza Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Dental Office Big Box & Wholesale Store Auto Parts 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for West Des Moines, IA

$19.33 /SF/Yr
Avg Asking Price
$7–$34 /SF/Yr
Price Range
6,681 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - New construction retail space available on Highway 28/1st Street.
Where is this retail space located?
The property is located at 840 1st Street West Des Moines, IA.
What are key features of this property?
This property features: New construction offering a modern space.; Located on Highway 28/1st Street, ensuring excellent visibility.; West Des Moines location.
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