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    840 1St St West Des Moines, IA 50265

    For Lease
    Contact for pricing

    New Construction, Prime Location, High Traffic

    Lot size:
    2,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2,520 square foot retail space presents a unique investment opportunity in the thriving Val-Gate development of West Des Moines, Iowa. Situated on a one-acre lot at 840 1st Street, this single-tenant building boasts a highly desirable quick-service restaurant subtype. Its strategic location on Highway 28/1st Street ensures maximum visibility and accessibility, placing it between well-established businesses such as Auto Zone and Scooter's Coffee. The property benefits from strong co-tenancy with reputable national brands including Dollar Tree and True Value Hardware, creating a synergistic retail environment and attracting a substantial customer base. This new construction offers a modern and efficient layout, ideal for a variety of quick-service businesses seeking a prominent presence in a bustling West Des Moines commercial corridor. The property's address is 840 1st Street, West Des Moines, IA 50265. The building's size and location make it an attractive option for businesses seeking high visibility and convenient access for customers. This is a rare opportunity to establish a business in a well-established and rapidly growing area.

    Property Features for 840 1St St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,520 SF

    Unit(s) available at that property

    Space
    Size
    46,609 SF

    HighLights

    • 2,520 SF building.
    • Drive‑thru with 11‑car stack.
    • High visibility, multiple access points on 1st Street and Grand Ave.
    • Delivered shell condition; tenant improvement allowance available.
    • High ceilings.
    • Multiple elevation signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Valley Junction Plaza Shopping Mall

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -93.7333537
    Latitude
    41.5507357

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    FAQs

    What type of property is this?
    Retail property - New Construction, Prime Location, High Traffic
    Where is this retail property located?
    The property is located at 840 1St St West Des Moines, IA.
    What are key features of this property?
    This property features: 2,520 SF building.; Drive-thru with 11-car stack.; High visibility, multiple access points on 1st Street and Grand Ave.
    Request Owner's contact information
    840 1St St West Des Moines, IA 50265
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    West Des Moines, IA 50265
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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
    840 1St St West Des Moines, IA 50265
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