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    4100 University Ave West Des Moines, IA 50266

    Sponsored
    For Lease
    Contact for pricing

    Prime West Des Moines Shopping Center Space

    Lot size:
    400,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Water Tower Place Shopping Center in West Des Moines, Iowa, offers exceptional retail space within a thriving power center. This 400,000 square foot property boasts a dominant position as the #1 regional power center in Iowa, attracting significant foot traffic. Two available spaces are currently on the market, ranging from 25,900 to 32,670 square feet, providing ample opportunity for expansion or new ventures. The center's impressive tenant roster includes nine highly successful anchor stores, ensuring a consistent flow of customers. These anchors include a Whole Foods Market (the only one in Iowa), a top-performing Best Buy, World Market, a leading Marshalls (the #1 in Iowa), Five Below, Ross Dress for Less, Ulta Beauty, Guitar Center, and the #1 Office Depot in Central Iowa. Located at 4100 University Ave, West Des Moines, IA 50266, this property benefits from high visibility and accessibility, making it an ideal location for businesses seeking strong market presence and high consumer traffic. The property type is retail, specifically a shopping center with multiple tenancies. This presents a unique opportunity to establish a presence in one of Iowa's most successful retail destinations. The available spaces are ready for immediate occupancy and offer significant potential for growth and profitability.

    Property Features for 4100 University Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    400,000 SF

    Unit(s) available at that property

    Space
    Suite 115
    Size
    25,900 SF
    Space
    Outparcel for Ground Lease
    Size
    32,670 SF

    HighLights

    • 25,900 square feet of retail space available for lease.
    • 0.75‑acre commercial land parcel available.
    • Rare University Avenue outparcel opportunity.
    • Prime Iowa power center location.
    • NNN rent: $5.95 per square foot annually.
    • Contact broker for lease terms and pricing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ulta Beauty Cosmetics Store Benefit Cosmetics BrowBar Beauty Salon Amazon Locker - Nabil Mailing Service Amazon Locker - WestDesMoines Mailing Service Moines Car Towings Tire Shop

    Suggested Use

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

    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
    -93.6732578
    Latitude
    41.5996135

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    FAQs

    What type of property is this?
    Lifestyle center - Prime West Des Moines Shopping Center Space
    Where is this lifestyle center located?
    The property is located at 4100 University Ave West Des Moines, IA.
    What are key features of this property?
    This property features: 25,900 square feet of retail space available for lease.; 0.75-acre commercial land parcel available.; Rare University Avenue outparcel opportunity.
    Request Owner's contact information
    4100 University Ave West Des Moines, IA 50266
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    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
    4100 University Ave West Des Moines, IA 50266
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