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    5917 Ashworth Rd West Des Moines, IA 50266

    For Lease
    $18 SF/Yr

    West Des Moines retail investment opportunity.

    Lot size:
    19,736 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Ashworth Plaza, a single-story, 19,736 square foot neighborhood retail strip center, presents a compelling investment opportunity in West Des Moines, IA. Located at the high-traffic intersection of 60th and Ashworth Road, this Class B property boasts 11 suites, with one vacant suite totaling 2,400 square feet, representing a minimum divisible space and the maximum contiguous space available. Built in 1993, the center sits on 2.529 acres of land and is zoned PUD. The property features a diverse tenant mix including both local and national businesses such as Kum & Go (anchor tenant), Family Nails, Regis Financial, A-Vacuum House, American Family Insurance, Canton Chinese Restaurant, Great Clips, Godfathers Pizza, and BuduBu Smoke Shop. The property's address is 5917 Ashworth Rd, West Des Moines, IA 50266, and its APN is 320/04128-006-002. This well-located retail center offers strong potential for immediate income generation and long-term growth within the established West Des Moines submarket. The property's convenient location and established tenant base make it an attractive investment for those seeking a stable and profitable retail asset. The available 2,400 square feet of vacant space presents an opportunity for expansion or lease to a new tenant. The property's single-building design simplifies management and maintenance. This is an excellent opportunity to acquire a well-positioned retail property in a thriving Iowa market.

    Property Features for 5917 Ashworth Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,736 SF
    Class
    B
    Total Rate
    29604

    Building Details

    Year Built
    1993
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 5929
    Size
    2,400 SF
    Rate per SF
    $18

    HighLights

    • 2,400 SF suite available for lease.
    • Lease rate: $18.00/SF, Net, Net, Net.
    • CAM: $7.75/SF.
    • High visibility location with excellent traffic counts.
    • Ample parking available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.789562491205
    Latitude
    41.584625911862

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    FAQs

    What type of property is this?
    Retail property - West Des Moines retail investment opportunity.
    Where is this retail property located?
    The property is located at 5917 Ashworth Rd West Des Moines, IA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 2,400 SF suite available for lease.; Lease rate: $18.00/SF, Net, Net, Net.; CAM: $7.75/SF.
    Request Owner's contact information
    5917 Ashworth Rd West Des Moines, IA 50266
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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
    5917 Ashworth Rd West Des Moines, IA 50266
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