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Retail Space on University Avenue
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2355 E University Ave, Des Moines, IA 50317

Retail space with high traffic and easy access.

Space Size797 SF
Property Size9,625 SF
Days on Market1846

Property Features for 2355 E University Ave

General Information

Standard status Active
Size 797 SF
Total Parking Spaces 45
Property subtype Retail
Lease Type NNN

Building Details

Building Size 9,625 SF
Year Built 2007
Tenancy Multiple

Spaces For Lease

at 2355 E University Ave Contact us

Suite 100

Size
797 SF
Availability
Active
Contact us
Listing Agency: Denny Elwell Company
Listed By: Carson Hughes · License #IA S60432000
Source: Crexi
Added: Aug 20, 2021 Changed: Sep 7 Last Checked: Sep 8 at 4:46AM

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 Denny Elwell Company

Investment Insights

Based on property information with market context.

This retail space is located in a center with high traffic, as over 28,000 vehicles drive by daily on University Avenue. The location offers close proximity to I-235 and Anderson Erickson Dairy. The property features easy access to all retail shops with front door parking. Monument signage is available on University Avenue.

Key Highlights

  • High traffic location with over 28,000 vehicles per day.
  • Easy access to all retail shops.
  • Front door parking.

Property Analytics

Current Use

Eastside BarberShop Barber Shop Prime Spot (Bike/Boat/Book/etc) Store Bitcoin ATM Des ... Crypto Atm Shag East University (Bike/Boat/Book/etc) Store Boost Mobile Mobile Phone Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Hair Salon Kitchen & Bath Showroom

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

405
Businesses Nearby

Demographics for 50317, IA

37,221
Population
15,193
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
87%
High-School Grad
22.1 sq mi
ZIP Area
1,684
Density / Sq Mi
$61,569
Median Household Income
$36,641
Median Earnings
$1,079
Median Rent
$165,200
Median Home Value

Market

Lease Benchmarks for Des Moines, IA

$18.65 /SF/Yr
Avg Asking Price
$8.5–$30 /SF/Yr
Price Range
5,761 SF
Avg Space Size

This space is priced 20% below the average of $18.65 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with high traffic and easy access.
Where is this retail space located?
The property is located at 2355 E University Ave Des Moines, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: High traffic location with over 28,000 vehicles per day.; Easy access to all retail shops.; Front door parking.
(515) 963-7143 Call to check price and availability
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