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    5814 Hickman Rd Des Moines, IA 50322

    For Lease
    $3,500 /Mo ($34 SF/Yr)

    Prime Des Moines location, 1232 sq ft, quick-serve build-out.

    Lot size:
    1,232 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1,232 square foot freestanding retail building in Des Moines, Iowa, presents a fantastic opportunity for a quick-serve restaurant. Located at 5814 Hickman Rd, Des Moines, IA 50322, this single-tenant property boasts a convenient drive-thru, ideal for maximizing customer convenience and throughput. The building is already built out as a quick-serve restaurant, saving significant time and expense on renovations. Benefit from excellent visibility and signage opportunities, with prominent placement along Hickman Road and Merle Hay Road, ensuring high traffic exposure. Neighboring businesses include well-established brands such as Starbucks, Hy-Vee Fast & Fresh, Ace Hardware, and CVS, creating a strong retail synergy and attracting a high volume of potential customers. Traffic counts from 2016 show 20,000 vehicles per day on Hickman Road and 21,400 vehicles per day on Merle Hay Road, indicating substantial foot and vehicle traffic. The lease rate is negotiable, making this property an attractive investment for the right operator. Pole signage is also available, further enhancing visibility and brand recognition. This turnkey solution offers immediate occupancy and the potential for significant returns.

    Property Features for 5814 Hickman Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,232 SF
    Total Rate
    3500

    Unit(s) available at that property

    Space
    Size
    1,232 SF
    Rate per SF
    $3,500

    HighLights

    • 1,232 SF freestanding retail building in Des Moines, IA, ideal for quick‑serve restaurants.
    • Features a drive‑thru at 5814 Hickman Rd, Des Moines, IA 50322.
    • Existing quick‑serve restaurant build‑out minimizes renovation costs.
    • High visibility on Hickman Rd and Merle Hay Rd, with strong co‑tenancy (Starbucks, Hy‑Vee, Ace Hardware, CVS).
    • High traffic counts (20,000+ vehicles/day on Hickman, 21,400+ on Merle Hay).
    • Negotiable lease rate and available pole signage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6985993
    Latitude
    41.6146628

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    FAQs

    What type of property is this?
    Retail property - Prime Des Moines location, 1232 sq ft, quick-serve build-out.
    Where is this retail property 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: 1,232 SF freestanding retail building in Des Moines, IA, ideal for quick-serve restaurants.; Features a drive-thru at 5814 Hickman Rd, Des Moines, IA 50322.; Existing quick-serve restaurant build-out minimizes renovation costs.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5814 Hickman Rd Des Moines, IA 50322
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