Listing Agency: Stanbrough Realty a***@stanbroughrealty.com Show Phone

Listed By: Andrew McCune · License #IA S64937000

Source: Crexi

Added: Apr 28, 2022 Changed: Jul 6 Last Checked: Jul 29 at 1:52PM

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Investment Insights

Based on property information with market context.

This 1,232 square foot stand-alone building is built out as a Quick Serve Restaurant and includes a drive-thru. Pole signage is available, as well as building signage with visibility from Hickman Road and Merle Hay Road. The property is located near Starbucks, Hy-Vee Fast & Fresh, Ace Hardware, and CVS. Traffic counts from 2016 show 20,000 vehicles per day on Hickman Road and 21,400 vehicles per day on Merle Hay Road.

Key Highlights

• Stand‑alone building with drive‑thru
• Built out as a Quick Serve Restaurant
• Building signage with excellent visibility from Hickman Road & Merle Hay Road**

Property Analytics

Property Profile

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Building Supply Daycare Center

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

$5.11 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

328

Businesses Nearby

Explore this area Business Placement

Demographics for 50322, IA

31,652

Population

13,293

Households

2.4

Avg Household Size

40

Median Age

42%

College-Educated

93%

High-School Grad

10.8 sq mi

ZIP Area

2,931

Density / Sq Mi

$89,323

Median Household Income

$48,016

Median Earnings

$1,151

Median Rent

$263,900

Median Home Value

Market

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

Questions? Ask Rey

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What type of property is this? Where is this drive through restaurants located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - 1,232 SF drive-thru restaurant space for lease.

Where is this drive through restaurant located?

The property is located at 5814 Hickman Rd Des Moines, IA.

What is the lease rate?

The lease rate is $3,500 /Mo.

What are key features of this property?

This property features: Stand‑alone building with drive‑thru; Built out as a Quick Serve Restaurant; Building signage with excellent visibility from Hickman Road & Merle Hay Road**